Research, Markets & Regulations

Research, Markets & Regulations is responsible for monitoring consumer financial markets, conducting research, and writing rules.

David Silberman

Research, Markets & Regulations

David Silberman, Associate Director*

The associate director of RMR is supported by the RMR front office and provides the overall direction for the Research, Markets, and Regulations Division. 

Division offices

William Wade-Gery

Card, Payment & Deposit Markets

William Wade-Gery, Assistant Director

The Office of Card, Payment and Deposit Markets monitors, analyzes, and performs outreach to the credit card, prepaid card, and remittances industries, as well as other emerging forms of payments and technologies, such as mobile payments. The office also provides subject matter expertise and market insights on major rulemakings related to these industries.  

Consumer Lending, Reporting & Collection Markets

John McNamara, Assistant Director

The Office of Consumer Lending, Reporting and Collection Markets monitors, analyzes, and performs outreach to the debt collection; debt relief; credit report and scoring; and student, auto, and small dollar lending industries. The office also provides subject matter expertise and market insights on major rulemakings related to these industries

Mark McArdle

Mortgage Markets

Mark McArdle, Assistant Director

The Office of Mortgage Markets monitors, analyzes, and performs outreach with many segments of the mortgage industry, including originations, servicing, secondary markets, and trade associations. The office also provides subject matter expertise and market insights to major rulemakings related to mortgage markets.

Grady Hedgespeth

Small Business Lending Markets

Grady Hedgespeth, Assistant Director

The Office of Small Business Lending Markets monitors, analyzes, and engages with providers of credit to small businesses, including traditional lenders, specialty financing, and emerging technologies. The office also advises on major rulemakings, including requiring reporting of race, sex, and ethnicity data as it relates to women- and minority-owned, and small business lending. 

Kelly Cochran

Regulations

Kelly Cochran, Assistant Director

The Office of Regulations supports and provides strategic direction for the Bureau’s rulemaking, interpretive guidance and regulatory implementation functions.  

Ron Borzekowski

Research

Ron Borzekowski, Assistant Director

The Office of Research supports the design and implementation of consumer protection policies through research, analysis, forecasting, and measurement.