Mortgage Daily

Published On: May 20, 2010

FDIC Chair Talks About Tenure, Mortgages

Q&A: Sheila Bair on rising to prominence in time of crisis

May 21, 2010

KANSAS CITY, Mo. — The chairman of the Federal Deposit Insurance Corporation said she and her staff were in disbelief in 2006 when they discovered the types of loans that were backing private-label residential mortgage-backed securities. She wants to limit who can originate mortgages.

photo of Sheila Bair
FDIC photo of Sheila Bair

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