Ocasio-Cortez Named to Financial Services Committee

Jan 16, 2019

The most prominent freshman member of the 116th Congress has landed a seat on the House Financial Services Committee.

Rep. Alexandria Ocasio-Cortez (D-NY) announced on Twitter that she received appointment to the Committee.

“Financial Services is one of just four exclusive Committees in the House,” Rep. Ocasio-Cortez tweeted. “It oversees big banks, lending, & the financial sector. I am very grateful for the opportunity to sit on this committee as a freshman, and look forward to working under the leadership of @RepMaxineWaters!”

Ocasio-Cortez, a former bartender with no professional experience related to the financial services industry, has gained attention for espousing a socialist brand of politics, while criticizing Wall Street. However, the mortgage banking industry might breath a sigh of relief in learning that her initial committee focus is not aimed at housing issues.

“Personally, I’m looking forward to digging into the student loan crisis, examining for-profit prisons/ICE detention, and exploring the development of public & postal banking. To start,” she tweeted.

About the author

Phil Hall

Link copied

Published

Jan 16, 2019

C-Suite Strategies

First Federal Sells TPO Division To Mortgage Forward

Deal includes QRL Financial as First Federal sharpens focus on retail mortgage lending

First Federal Bank has agreed to sell its third-party origination (TPO) division, including QRL Financial, to Mortgage Forward.The companies announced they have signed a definitive agreement for Mortgage Forward, a credit union service organization (CUSO) within the Great La...

Tech

Friday Harbor Integrates AI Pre-Underwriting Platform With MeridianLink Mortgage

Integration brings AI-powered pre-underwriting platform into MeridianLink's loan origination system

Friday Harbor has integrated its AI-powered pre-underwriting platform with MeridianLink Mortgage, allowing lenders to access the technology within MeridianLink's loan origination system.The integration synchronizes loan data between the two platforms and is intended to help ...

Jul

New Orleans, LA

More from

Regulation and Compliance

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

Regulation and Compliance

Jun 08, 2026

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan

Regulation and Compliance

May 29, 2026

The GLBA Compliance Gap Your AI Deployment Just Opened

Old statutes, new models, and the vendor contract you signed before machine learning became operational

Regulation and Compliance

May 26, 2026

FHA Keeps Tri-Merge Credit Reports While Expanding Approved Scoring Models

HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting

Regulation and Compliance

May 26, 2026

House Passes Amended 21st Century Road To Housing Act

The House version softens a controversial provision aimed at large institutional investors

Regulation and Compliance

May 21, 2026

New York Cash-Home Tax Proposal Could Push Wealthy Buyers Back Into Mortgages

As all-cash deals surge nationwide, a proposed 1% levy on $1M+ purchases in NY may reshape jumbo lending, borrower strategy, and origination opportunities

Regulation and Compliance

May 19, 2026

Popular