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
Mar 16, 2026
Builder Sentiment Inches Higher but Affordability Concerns PersistBuilder sentiment inched up in March even as builders continue to express affordability concerns stemming from elevated construction costs and shortages of buildable lots and labor.
Mar 14, 2026
Trump’s Executive Orders on Housing Would Ease Affordability CrisisPresident Trump on March 13 issued two executive orders on housing to remove regulatory barriers and provide better access to mortgage credit that will help ease the nation’s housing affordability crisis.
Latest Economic News
Mar 16, 2026
Builder Sentiment Inches Higher but Affordability Concerns PersistBuilder sentiment inched up in March even as builders continue to express affordability concerns stemming from elevated construction costs and shortages of buildable lots and labor.
Mar 16, 2026
Small Gains for New Single-Family Home SizeNew single-family home size had been falling since 2015 in response to declining affordability conditions. An exception occurred in 2021, when new home size increased as interest rates reached historic lows. However, as mortgage interest rates increased in 2022 and 2023 and affordability worsened, demand shifted back toward smaller homes.
Mar 13, 2026
Flat Conditions for Open Construction JobsThe number of open positions in construction in January was flat year-over-year, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from three years ago due to declines in construction activity, particularly in housing.