MBA’s Stevens to Retire

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Posted To: MND NewsWire

David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA) has announced his retirement. Stevens, who has led MBA since 2011, has allowed plenty of lead-time . He will continue to lead the trade group until September 30, 2018. Stevens joined MBA after serving as an assistant secretary at the Department of Housing and Urban Development and as Commissioner of the Federal Housing Administration (FHA.) His immediate transition from the FHA to MBA, which has extensive lobbying interests with the agency, was the source of considerable controversy in the early days of his presidency. He started his mortgage career as a loan officer in Denver in the 1980s and later joined Freddie Mac where he headed its Single-Family Business. Stevens, who announced exactly a year ago that he was…(read more)

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