Davida Walsh Farrar is an Attorney Advisory in the Division of Consumer Education and External Affairs at the Consumer Financial Protection Bureau. She focuses on the development of policy and consumer education across a range of consumer finance topics, including mortgage origination and servicing, debt collection, payments and deposits, consumer credit, and consumer reporting, with a focus on economically vulnerable consumers. She has played a significant role in the CFPB's participation on the Alternative Reference Rates Committee, to help facilitate the transition away from LIBOR.
Prior to joining the CFPB, Ms. Farrar worked in the House of Representatives, where she focused on mortgage and housing issues in the midst of the 2007-2008 financial crisis. She served as Legislative Counsel to Representative Bill Delahunt (MA-10), where she advised him in his role on the Judiciary Committee, including the Administrative Law subcommittee, and pursued efforts to amend the Bankruptcy Code to facilitate principal reduction with respect to primary residence mortgages.
Ms. Farrar also served as Counsel and Senior Policy Advisor to Representative Elijah E. Cummings (MD-07), and managed his financial services portfolio, including legislative and oversight priorities on foreclosure prevention and housing policy, and advising him in his role on the Joint Economic Committee. When Rep. Cummings became Ranking Member of the House Committee on Oversight and Government Reform, Ms. Farrar became shared Committee staff and in that role, she led outreach and dialogue among Members and federal regulators around efforts to mitigate foreclosures, and led an investigation of the nation's largest financial institutions for improper mortgage servicing and foreclosure practices, as well as investigations into the actions of government-sponsored enterprises. Ms. Farrar was also the recipient of a Women's Research and Education Institute Fellowship.
Ms. Farrar received her B.A. (Political Science) from the University of Wisconsin-Madison, and her J.D. from Boston University School of Law.
