Stevens to Retire From MBA Leadership Role – NMP Skip to main content

Stevens to Retire From MBA Leadership Role

Oct 25, 2017
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

David H. Stevens has announced that he will retire as President and Chief Executive of the Mortgage Bankers Association (MBA) on Sept. 30, 2018.
 
Stevens joined the MBA in May 2011 after serving as commissioner of the Federal Housing Administration (FHA) during the first years of the Obama Administration and a private sector career where he held senior executive positions in the real estate and mortgage finance sectors. This marks the second time that Stevens announced he was leaving the MBA—one year after taking the reins at the trade group, he announced that would resign to take the job as president of SunTrust Mortgage, only to change his mind two months later.
 
In 2016, Stevens publicly acknowledged that he was diagnosed with prostate cancer. On Monday, he announced that his cancer was in remission during the opening of the MBA’s Annual Convention in Denver. With his retirement announcement, he stressed that he would focus on his health and his family and friends.
 
“This was a difficult decision,” Stevens said. “It's hard to walk away from supporting an industry that shaped my career. It's been an honor to work with talented staff, strong leadership and diverse membership of MBA.”
The search committee to replace Stevens has been formed, with MBA Immediate Past Chairman Rodrigo Lopez as its Chairman.

 
About the author
Published
Oct 25, 2017
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Jun 24, 2026