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myCUmortgage gets into mortgage servicing business

Will provide mortgage servicing to credit unions
Credit unions that want to keep their mortgage servicing within the credit union family now have a new option, as myCUmortgage announced Tuesday that it is launching a mortgage servicing operation. As for why myCUmortgage is getting into the servicing business, the company's president said that most credit union members don’t get a mortgage loan from a credit union expecting that the servicing will be transferred away.
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Hensarling compares CFPB to a tyranny

House Financial Services Committee Chairman continues assault on CFPB
It’s probably safe to say that House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, is no fan of the Consumer Financial Protection Bureau. And as Hensarling told the Dallas Morning News in a recent interview, there are plenty of good reasons to change the CFPB.
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Waterstone Mortgage to ring opening bell at Nasdaq

Executives and 40 loan originators to open day’s trading on Feb. 21
More than 40 of Waterstone Mortgage Corporation’s personnel will ring the opening bell at Nasdaq on Feb. 21, 2017 as part of a ceremony honoring the company’s top loan originators.
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What does Trump's SEC chair choice think about deregulation?

WSJ provides inside look at Jay Clayton’s likely approach
President Donald Trump recently selected a new leader for one of the government’s top financial regulators, nominating top Wall Street lawyer Jay Clayton to serve as the chair of the Securities and Exchange Commission. But what does Clayton think about the current state of financial regulations? Here's a glimpse.
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Household debt to hit new record in 2017

All categories of debt increased in Q4
Household debt is set to hit an all-new high in 2017 after showing the largest increase in over a decade. Mortgages made up the majority of household debt in 2016, however student debt is also on the rise.
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