David H. Stevens
David H. Stevens is President and Chief Executive Officer of the Mortgage Bankers Association (MBA).
Stevens has more than 30 years as an executive in mortgage finance, sales, acquisition, investment, risk management and regulatory oversight. Stevens started his professional career at the World Savings Bank and was later a Senior Vice President at Freddie Mac and an Executive Vice President at Wells Fargo, before being President and Chief Operating Officer of Long & Foster Companies, the nation’s largest privately held real estate firm.
Immediately prior to joining MBA, Stevens was the Assistant Secretary for Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development (HUD). In this role, Stevens had direct responsibility for oversight and administration of the Federal Housing Administration (FHA) insurance portfolio.
Stevens is quoted frequently in major national and trade media on issues affecting the mortgage and housing markets. He was named one of Swanepoel TRENDS Report’s top ten "Newsmakers" of the year, made Bloomberg’s "50 Most Powerful People in Real Estate" list, and has twice been named one of the "Top 100 Most Influential Real Estate Leaders" by Inman News.
Stevens serves as Director of the MBA Opens Doors Foundation, MBA’s national 501(c) 3 nonprofit organization for philanthropic ventures. He also currently serves on the Hope Loan Port board of directors.
Stevens is a graduate of the University of Colorado, Boulder. He and his wife, Mary, have four children - Sara Stevens, Ali Stevens, Taylor Stevens, and Maggie Stevens - and live in Washington, DC.
Testimonies
Addressing FHA’s Financial Condition and Program Challenges, Part II, February 28, 2013
The Private Mortgage Market Investment Act, Part 2, December 7, 2011
New Ideas for Refinancing and Restructuring Mortgage Loans, September 14, 2011
Subcommittee on Financial Institutions and Consumer Credit; Subcommittee on Oversight and Investigations, July 7, 2011
The Need for National Mortgage Servicing Standards, May 12, 2011
Implementation of Higher FHA Loan Fees and Pending Legislative Proposals to Strengthen the FHA MMIF Fund and Improve Lender Oversight, September 22, 2010
FHA Reforms, Legislative Proposals, and Contributions to the HUD FY 2011 Budget, May 13, 2010
The Recently Announced FHA Refinance Option for Underwater Borrowers and Revisions to the Home Affordable Modification Program (HAMP), April 14, 2010
FHA Reforms, Legislative Proposals, and Contributions to the HUD FY 2011 Budget, March 11, 2010
Progress of the Making Home Affordable Program: What Are the Outcomes for Homeowners and What Are the Obstacles to Success?, September 9, 2009