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 4,000 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.