Eric Stein started out making loans to promote home ownership among poor people in this state. In the process he became an activist fighting shady lending practices to the low-income people he was trying to help.
Now Stein, 47, has parlayed his experience fighting mortgage scams and other lending abuses into a high-profile position in the Obama administration.
The consumer rights advocate from the Center for Community Self-Help in Durham was recruited to help lead President Barack Obama's goal to create the Consumer Financial Protection Agency. As deputy assistant treasury secretary for consumer protection, Stein runs the U.S. Treasury office that is designing the new agency and will help usher the concept through Congress as it is debated.
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