Frequently Asked Questions
Questions
Should current employees be afraid of submitting this form?
Do I need to pay any money to join?
How did United Financial Mortgage Corporation not pay overtime correctly?
How can I know whether this is illegal?
What types of jobs or job titles are involved?
Do I have any deadlines I need to worry about, or can I wait to see what happens with this case?
How can I tell if I qualify for this potential lawsuit?
Have other United Financial Mortgage Corporation employees joined the potential lawsuit?
How much money would I be entitled to?
What are the primary goals of this potential lawsuit?
Am I entitled to unpaid wages even if I was paid on commission or salary?
Answers
Should Current Employees Be Afraid Of Submitting This Form?
No. The law prevents United Financial Mortgage Corporation from taking any action against you for joining this lawsuit. The Court (or the abitrator) and all the attorneys in this case will ensure that no negative action is taken against you for your participation. If United Financial Mortgage Corporation takes any action against you, the penalties are severe. You are entitled to either reinstatement back to your job, or the pay differential at a new job, double damages, and attorneys' fees. Should you feel you have suffered from any retaliation, contact us at once.
If you are harassed or retaliated against in anyway, this firm will represent you without fee.
If you are uncomfortable joining, but would like to talk confidentially (and at no charge) to one of the attorneys handling this case, please contact us.
Do I Need To Pay Any Money To Join?
There is absolutely no cost to join this lawsuit. If the arbitrator determines you are entitled to recovery, attorneys' fees and costs will be paid either by United Financial Mortgage Corporation or will be awarded by the arbitrator from the fund United Financial Mortgage Corporation creates to pay the unpaid overtime if the arbitrator finds that overtime is owed. If the case is not successful, you owe no fees. Therefore, there is no financial risk to you.
How Did United Financial Mortgage Corporation Not Pay Overtime Correctly?
The law requires that employees be paid for all time they are permitted to work. Our investigation has shown that United Financial Mortgage Corporation did not pay its employees for all the time they permitted employees to work. Often they told employees (wrongly) that they would not be paid for hours worked over 40. In addition, the law requires that hourly employees receive time and a half for all hours they work over forty in a week.
How Can I Know Whether This Is Illegal?
Many employees wonder why United Financial Mortgage Corporation would not follow the law if this practice is illegal as is claimed in this case. There is no doubt that the law requires employers to pay their employees for the time those employees work. Companies do not pay overtime properly to save money. They expect they can get away with it. Faced with the high cost of labor and overtime, companies try to squeeze as much money out of overtime costs as possible.
Some companies who violate the law count that if they can hide the violation and not make it too obvious to employees, by the time a lawsuit starts, they can save themselves more money than a lawsuit will cost. But, as the Department of Labor regulations make clear, that does not make the practice legal.
Because companies have not been complying with the law, employees have been recovering millions of dollars in unpaid overtime from the largest companies in America.
What Types Of Jobs Or Job Titles Are Involved?
If you were/are an hourly employee or a loan processor, or performed similar duties to a loan officer and performed any work that you were not paid fully for, we expect that you will qualify to join this action, although the arbitrator will have to make that determination.
Do I Have Any Deadlines I Need To Worry About, Or Can I Wait To See What Happens With This Case?
Be very careful. Under federal overtime law, employees are generally not entitled to their lost overtime pay for hours they worked more than two (or three) years ago. In other words, once you join the lawsuit, you can only collect lost wages under Federal Law for two (or three) years prior to that date, nothing more. To stop this clock from running out on your claims and to prevent yourself from losing any more money, you need to join this lawsuit. At this time, however, the parties have agreed to stop the time period from running, but be aware that this agreement can be cancelled in the future.
How Can I Tell If I Qualify For This Potential Lawsuit?
If you are/were an hourly employee or a loan officer, or performed similar duties to a loan officer, anytime from March 23, 2002 to the present and performed any work that you were not fully paid for, we expect that you will qualify to participate in the action, although the arbitrator will have to make that determination.
Additionally, you can contact us to see if you qualify. There is no charge or obligation if you contact us. We will keep any information you provide strictly confidential.
Have Other United Financial Mortgage Corporation Employees Joined This Lawsuit Since It Was Filed?
Given our experience with other cases like this one, we expect many current and former United Financial Mortgage Corporation employees will join this lawsuit. A number of employees already have.
How Much Money Would I Be Entitled To?
The attorneys handling this case have estimated the damages in this case, if successful, to be in the millions of dollars.
It would take a detailed calculation based on the facts of your case to determine how much you would be owed. Remember you will not be represented and you will not be entitled to any money until you join the lawsuit. You must take that step to get any recovery and an arbitrator will have to make a determination as to whether you will be included in the action.
What Are The Primary Goals Of This Potential Lawsuit?
Our primary goals in this class action are to:
- Prohibit United Financial Mortgage Corporation from engaging in illegal conduct under the wage laws.
- Have United Financial Mortgage Corporation set aside money to properly pay wages and overtime in the future.
- Recover unpaid wages and overtime and other damages for employees who were not properly paid for the time they worked.
What if I didn’t keep time records? Can I still recover? Or what if my employer encouraged me to record less time than I worked on the time cards?
Yes. The law requires the employer to keep accurate records of the number of hours an employee works. If the records are either not accurate or not in existence, your reasonable estimate of the number of hours you worked is taken as true. This means that the amount you get is calculated by your reasonable estimate of the hours you worked, not by what the employer thinks the employees worked.
Am I entitled to unpaid wages even if I was paid on commission or salary?
Yes. The fact that you are paid on commission or salary so some combination does not matter. If you worked over 40 hours a week and do not fall into several narrow legal classifications, you must be paid overtime, even if you are paid salary or commission at time and one-half. Your hourly rate for hours over 40 is calculated by dividing the amount you were paid in that week by 40 and multiplying that by time and one-half. In your case, our investigation has shown that United Financial Mortgage Corporation wrongly classified Loan Officers as “exempt.” These employees, though paid a commission, were nonetheless supposed to be paid overtime for the weeks where those employees worked over forty hours.
My employer did not pre-approve me for working overtime. However, I had to work the extra time in order to get the job done, and my employer permitted me to work the extra time. Am I still entitled to lost overtime?
Yes. You are owed this money even if you agreed to work this extra time, and even if you did not expect to get paid for it. Because employees were improperly classified as “exempt” it does not matter if you agreed to work the extra time or not.