David Stevens to Retire as President and CEO of MBA in 2018


David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), has announced his plans to retire on Sept. 30, 2018.

“With my cancer in remission, focusing on family, friends and staying healthy is my priority,” Stevens says in a statement. “This was a difficult decision; it’s hard to walk away from supporting an industry that shaped my career. It’s been an honor to work with the talented staff, strong leadership and diverse membership of the MBA.”

“We all support Dave in his decision,” adds David Motley, 2018 MBA chairman. “MBA has never been stronger and is well positioned to manage this transition. Dave has given his heart and soul to MBA for nearly seven years and on behalf of the entire membership, we are incredibly grateful for his leadership.”

A search committee has been created, and the process to identify candidates for the position will begin immediately.

Stevens joined MBA in May 2011, and his leadership has restored MBA to its strongest financial health in its 104-year history, the association says in a release.

The association was rebranded under Stevens’ direction, and membership growth has surpassed expectations consistently year over year.

Additionally, Stevens has guided the association’s regulatory and legislative priorities with a unique talent for synthesizing issues and articulating industry impacts, which has elevated MBA’s voice and influence inside the beltway.

In 2011, Stevens was instrumental in creating the MBA Opens Doors Foundation, which helps families with critically ill children.

Stevens was diagnosed with cancer in 2016.

Notify of
Inline Feedbacks
View all comments