Ari Karen, an attorney at Offit Kurman, has counseled several mortgage banks and financial services firms on the development and implementation of policies and procedures related to allowing institutions to remain compliant with wage hour laws. He counsels clients in proactive and practical means of compliance with technical wage-hour laws and other labor and employment regulations. His litigation expertise includes unfair competition, fiduciary breach, partnership disputes, worker misclassification and minimum wage and overtime claims in all state and federal trial and appellate courts. He has spoken at several industry conferences.
Recent Stories From this Author
Attention to Brokered, Banked Comp Distinctions Intensifying
November 22, 2013 Maintaining a compensation distinction is very risky in the event that the brokered products are viable alternatives for...
Avoid 'Guesstimates' in Fair Lending
November 15, 2013 The cost of doing a regression analysis has come down. When one compares the cost of a $5,000 analysis to a $12 million...
When Compensation for Broker, Banker Loans Can Differ
November 8, 2013 A different compensation structure is possible if broker products fill in gaps banker loans fail to fill and there are careful...
MSAs and Joint Ventures Still on CFPB Radar
November 1, 2013 This case underscores the continuing trend of the agency to look past agreements to examine the true substance of the...
Understanding Affiliate Compensation
October 25, 2013 An important starting place is to understand how an affiliate is defined under the QM laws.
LO Referral Policies Have Become Crucial
October 18, 2013 There are valid circumstances where referrals could be permitted but generally this practice should be prohibited.
HMDA Systems Drawing Scrutiny
October 11, 2013 It was not that the Home Mortgage Disclosure Act inaccuracies were intentional. Rather, it was that insufficient compliance...
CFPB Relaxes Origination Definition
October 4, 2013 The Consumer Financial Protection Bureau in its final rule has further eased the definition of origination.
Compensating Nonproducing Managers
September 27, 2013 Put your energy into developing a branch manager comp plan that is compliant. The alternative is simply not worth the risk.
Fair Lending and Varied Pricing
September 20, 2013 Fair lending seeks to answer the question of whether a person was treated differently based upon a protected characteristic.
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