Jan 20th 2011 4:35PM
Sheila Bair wants to help rescue the nation's homeowners from the foreclosure disaster. On Wednesday, the chairman of the Federal Deposit Insurance Corp. (FDIC) recommended the formation of a foreclosure claims commission not unlike the one created to aid victims of the oil spill in the Gulf of Mexico in 2010. Bair was... Continue Reading »
Oct 27th 2010 9:49AM
A voice of educated reason has weighed in on the foreclosure mess. Sheila Bair, the chair of the Federal Deposit Insurance Corp., which insures consumer bank deposits, expressed concern during a housing finance conference in Washington, D.C., that a glut of foreclosure litigation would "ultimately be very damaging to our... Continue Reading »
Jun 14th 2010 2:30PM
It's National Home Ownership Month, prompting lots of talk about the value of owning a home. The rhetoric isn't all bubbly. Sheila Bair, the outspoken head of the Federal Deposit Insurance Corporation, recently questioned the government's role in promoting homeownership. The speech wasn't widely covered, but The New York... Continue Reading »
