Jason Cave has been hired by the Federal Housing Finance Agency to serve as its new deputy director for the division of resolutions (DOR). He will be replacing DOR head Robert Fishman, who is retiring after 20 years of federal service.
Prior to this new role, Cave spent 27 years at the Federal Deposit Insurance Corp., where he served in various positions, including senior advisor to the chairman and senior advisor to the director of the division of complex institution supervision and resolution. Cave also has been a participant in international policy and supervision initiatives, a member of the Basel Committee on Banking Supervision, and chairman of the Basel Committee’s taskforce on simplicity and comparability.
“Robert’s leadership has been invaluable to me and to FHFA,” Director Mark Calabria said in a release. “His straight-forward advice and management of the conservatorships has helped keep the Enterprises [Fannie Mae and Freddie Mac] accountable. He is the very definition of public trust.
“I am excited to welcome Jason to FHFA where his deep well of experience and knowledge will help position FHFA for success now and into a post-conservatorship environment.”