April 17, 2021

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Mortgage News

Mortgage Co. Stiffs Workers On Out-Of-Office Pay, Suit Says

Law360 (Mar 19, 2021, 1:45 p.m. EDT) – A mortgage lender has been hit by alleged class and class actions by workers alleging the company paid them money for work they did away from the office, following a complaint filed Shortened to federal court in California.

Loan handler assistants Sergio Mayoral and Miguel Mayoral claim Guild Mortgage Co. refused to pay them for the 20+ hours of absenteeism they did each week to attract new clients. The company’s failure to pay decent wages for overtime and overtime is in violation of fair labor law and Nevada wage and hour laws, the complaint said.

Guild Mortgage “had a policy and …

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