As Director of the FDIC's
Division of Depositor and Consumer Protection, Pearce leads a nationwide staff
of over 800 FDIC professionals dedicated to protecting depositors and consumers
through supervision of over 4,700 state non-member financial institutions for
compliance with federal consumer protection and community investment laws,
research on financial products and services affecting consumers, financial
education, and community partnerships.
Prior to joining the FDIC, Pearce was the Chief Deputy Commissioner of
Banks for the State of North Carolina. He has served as President of
the American Association of Residential Mortgage Regulators and Chairman
of the State Financial Regulators Roundtable. Pearce was a leader in
the State Foreclosure Prevention Working Group.
Previously, Pearce was president of the Center for Responsible Lending,
a national non-profit policy and research center dedicated to protecting
homeownership and family wealth from abusive practices. He also worked
for Self-Help, the largest community development financial institution (CDFI)
in the nation, on affordable housing and commercial real estate finance
and development. Pearce graduated with honors from Harvard Law School
(1996) and has a B.A. from the University of North Carolina at Chapel
Hill.
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