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MBA’s Stevens Alludes to Cancer Fight

Phil Hall
Oct 25, 2016
The new push by the Trump Administration to bring the government-sponsored enterprises (GSEs) out of their 11-year federal conservatorship could result in some negative impacts on the wider mortgage market, according to an opinion piece by David H. Steven

Mortgage Bankers Association (MBA) President and CEO David H. Stevens surprised the industry by acknowledging that he is undergoing medical treatment to deal with an unspecified form of cancer.

In his prepared remarks before yesterday’s Opening Session of the MBA Annual Convention in Boston, Stevens detoured from his focus on the state of the mortgage industry to refer to colonial Boston’s most famous patriot, Paul Revere, by noting that Revere’s celebrated ride to warn residents about the approaching British forces was actually part of a larger effort involving up to 40 men riding on horseback throughout the region. From there, he presented a more personal glimpse of the state of his health.

“Rarely do you accomplish something meaningful by yourself,” he said. “You don’t overcome great challenges alone. That certainly has special meaning to me now. I won’t beat cancer alone. But mark my words … with my doctors and nurses, with my friends and family, with your support, cancer doesn’t stand a chance.”

Oct 25, 2016