Underwriters and Loan Processors
If you were employed in the mortgage industry or by a financial institution as an underwriter, loan processor or other similar position, were allowed to work more than 40 hours in a week in at least one week, and were not paid overtime pay, you might be owed substantial compensation. Your job duties, not job title, determine whether you are entitled to overtime pay and eligible to recover back wages. Generally, if you worked for a Financial Institution and had the primary job duty of approving loans, deciding whether to issue loans to applicants and/or reviewing loan applications under credit guides and approving loans if they meet standards, you are likely entitled to overtime pay, even if you were paid on a salary basis.
If you are an underwriter or work for a Financial Institution and have not been paid overtime pay, contact Werman Salas P.C.