The Mortgage Bankers Association (MBA) says David H. Stevens has decided to remain with the organization as its president and CEO despite recently saying he was taking a position at SunTrust Mortgage.
‘The importance and significance of MBA's voice during this critical time, coupled with Dave's experience and talents, encouraged us to do all we could to retain him,’ says Michael W. Young, chairman of the MBA.
‘After serious thought and consideration, I simply cannot leave the MBA at such a critical time for the industry and the association.’ Stevens commented. ‘Frankly, at the end of the day, stepping away now – when so much progress is being made and so much is still left to be done – did not feel right.’