A lawsuit filed against First Horizon Mortgage Corporation over overtime pay owed mortgage lenders was certified as a class action by a judge in Kansas.
Seven loan officers for First Horizon in Johnson County, Kan., had filed suit in U.S. District Court Kansas City, Kansas in October, claiming the company failed to pay them for overtime they worked.
"The suit covers about 2,200 workers" said the lawyer handling the case. In Memphis, that includes about 100 national sales support officers and 15 to 20 loan officers in three branches.
The suit and amended complaint states the loan officers worked far more than 40 hours a week, coming in early, leaving late and working on weekends. The company never had them record working hours until after the suit was filed and that they were paid only by commission, never receiving overtime, the documents said.
The action is similar to suits filed against other mortgage companies nationwide during the past six years, he said.