NAHB Mourns Passing of Former MBA President and CEO David H. Stevens
David H. Stevens, who served as president and CEO of the Mortgage Bankers Association (MBA) from 2011 until 2018, passed away unexpectedly this week.
Stevens’ career in real estate and mortgage finance started at World Savings and Loan and included leadership roles at Freddie Mac, Wells Fargo Home Mortgage and Long & Foster Companies.
Immediately before joining MBA, Stevens served as assistant secretary of housing and federal housing commissioner at the U.S. Department of Housing and Urban Development under President Obama. After he retired from MBA, Stevens was CEO of Mountain Lake Consulting, a financial services consulting firm focused on the real estate finance sector, and served on the board of Dynex Capital.
“David Stevens was an icon within the housing finance industry who shared NAHB’s vision in making the American dream of homeownership a reality for so many American families,” said NAHB CEO Jim Tobin. “We are thankful for his vision and dedication, especially during such difficult times for the industry as the Great Recession, and we know his voice and leadership will be missed.”
For more information, see MBA’s statement.
Latest from NAHBNow
BUILD-PAC
Aug 15, 2025
Successful BUILD-PAC Events Raise $140,000Home builders associations (HBAs) across the United States are raising funds for BUILD-PAC, NAHB's bipartisan political arm, during its 2025-26 cycle. Two recent HBA events raised more than $140,000 combined.
Advocacy
Aug 14, 2025
NAHB Releases New Housing Favorability Assessment for HBAsLocal associations that complete the assessment will learn how their community compares to others and NAHB’s State and Local team will help the association develop a long-term plan to create a favorable housing environment in their community.
Latest Economic News
Economics
Aug 15, 2025
June Single-Family Permits Slumps, Multifamily GainsSingle-family housing permits continued a downhill trend for the sixth month in a row. The continuous decline in single-family permits highlights persistently weak housing demand, tied to affordability challenges like high mortgage rates.
Economics
Aug 15, 2025
Credit Conditions for Builders TightenFor the fourteenth consecutive quarter, builders and developers reported tighter credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) in NAHB’s quarterly survey on AD&C Financing.
Economics
Aug 14, 2025
Building Material Prices Rise in JulyPrices for residential building materials rose again in July, marking the largest year-over-year increase in over two years. The underlying price growth trend remained the same, with service prices continuing to grow at a faster pace than goods prices. Similar to last month, parts for construction machinery and metal molding/trim experienced significant price growth, as both increased over 25% compared to last year.