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.
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
Most Popular Articles
Housing groups push FHFA to delay, revise GSE condo loan changes
Three housing organizations sent a letter this week to leaders at Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency, regarding pending changes to condominium lending rules through the government-sponsored enterprises.
Jul 09, 2026
-
RealTrends Verified City Rankings reveal where top agents and teams are building scale
Jul 10, 2026 -
Iran conflict lifts mortgage rates, but housing demand stays positive
Jul 11, 2026 -
Trump didn’t sign it, but the 21st Century ROAD to Housing Act is now law
Jul 11, 2026 -
New policy impact may ignite a manufactured housing blue-sky era
Jul 10, 2026 -
JMG brings $5.9B brokerage platform to Keller Williams
Jul 13, 2026
Latest Articles
Higher home-care spending by states linked to greater aging-in-place outcomes
Researchers examined state investments in home- and community-based services (HCBS) and associated changes in where older adults lived.
-
Art Falcone on launching AmeriCraft Homes and building hospitality-driven communities
-
Can mortgage rates survive hawkish Fed talk during inflation week?
-
Kogevinas Group joins Sotheby’s International Realty in Montecito
-
Real Brokerage and REMAX set Aug 14 merger votes
-
NAR guidance clarifies office exclusive listings, MLS rules
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio