Chairman of the Federal Deposit Insurance Corp. Sheila Bair is leaving her post Friday to join Pew Charitable Trust as a senior adviser. And, according to a recent interview with Institutional Risk Analytics, Bair said she will work closely within the housing industry. Bair has served as chairman of the FDIC since June 2006. “It is with great pride that I leave the FDIC after the completion of my five-year term. It has been a remarkable journey,” Bair said in a statement from the FDIC. “I feel honored to have served two presidents and privileged to have led this great agency that worked so effectively to preserve confidence and stability in the banking system at a critical time.” Vice Chairman Martin Gruenberg will assume the role of acting chairman effective as of the close of business Friday. Gruenberg has served as vice chairman of the FDIC board of directors since August 2005. Write to Jacob Gaffney. Follow him on Twitter @jacobgaffney.
Most Popular Articles
While many homebuilders, such as D.R. Horton and Tri Pointe Homes, significantly reduced the number of new home starts over the last quarter amid sluggish homebuyer demand, Smith Douglas Homes Corp. is taking a different approach, akin to that of Lennar. Pace over price. The builder’s strategy reflects a commitment to affordability and serving the […]
-
Mortgage rate declines are raising the likelihood of a refi surge
Mar 19, 2026 -
Homebuilders Urged To Invest In Frontline Jobsite Workers Now
Mar 19, 2026 -
How hybrid operations are elevating builder performance
Apr 30, 2026 9:50 am -
HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
Apr 30, 2026 -
After An Involuntary Pause, Orders Matter Again For LGI
Mar 20, 2026
Latest Articles
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]