MBA Announces the Appointment of Marcia Davies as Chief of Staff

David H. Stevens, president and chief executive officer of the Mortgage Bankers Association (MBA), has announced the appointment of Marcia M. Davies as his Chief of Staff. Davies most recently worked at the U.S. Department of Housing & Urban Development (HUD), where she served as Senior Advisor to Stevens when he was Assistant Secretary—Federal Housing Commissioner. Prior to HUD, Ms. Davies spent 21 years at Freddie Mac, where she held a variety of officer positions. "Marcia knows the mortgage business and has a long track record of success ensuring enterprise-wide coordination and cooperation on a variety of large-scale projects," said Stevens, CEO and president of the Mortgage Bankers Association (MBA). "Given the continued challenges facing our association and the industry at large, Marcia will play an indispensable role ensuring that MBA's efforts reflect input and expertise from all appropriate internal and external stakeholders and that progress is being made toward achieving our end goals." In her new role, she will be responsible for facilitating the implementation of strategic initiatives that require cross-functional integration within MBA, its staff and its members. She will have key oversight for projects that are organizational priorities to ensure that all are effectively moving according to plan, objectives, established milestones and measurement criteria.