MBA’s Stevens to Retire

Rob Van Raaphorst
(202) 557- 2799

Search for New CEO Begins Immediately

WASHINGTON, D.C. (October 25, 2017) - Mortgage Bankers Association (MBA) President and CEO, David H. Stevens today announced his plans to retire on September 30, 2018.  Stevens will continue to lead MBA until that time.  A diverse MBA member search committee has been created and the process to identify candidates for the position will begin immediately.

Stevens joined MBA in May 2011.  His leadership has restored MBA to its strongest financial health in its 104-year history.  The association was rebranded under his 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.

"With my cancer in remission, focusing on family, friends and staying healthy is my priority," said David Stevens. "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," said 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." 

The search committee is being chaired by MBA immediate past Chairman, Rodrigo Lopez, and is comprised of 12 volunteer MBA members.  The nationwide search for Stevens' replacement commences immediately.