Failure To Prompty Pay Upon Termination Of Employment
Improper Maintence Of Employment Records
Product or Service
Loan Processor, Loan Specialist or Loan Underwriter
Investigation and pending class action against Countrywide alleging that Countrywide failed to provide its Loan Processors and Loan Specialists rest and meal periods The class action complaint further charges that Countrywide failed to provide Loan Processors and Loan Specialists with monies owed in a timely fashion upon the employees termination.
Further, the class action complaint asserts that Loan Processors and Loan Specialists were required to work in excess of 40 hours a week and were not paid overtime for all time worked in excess of 40 hours.
Finally, the class action complaint also asserts that Countrywide failed to keep proper records of employee work reords.
Name (Stock Symbol)
Countrywide Financial Corporation
Countrywide Financial Corporation originates, services and resells home loans. It is owned by Bank of America.
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