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
Safety
Jun 05, 2026
NAHB Completes Fall Prevention Training Pilot Program at 20 HBAs Across U.S.NAHB, the Job-Site Safety Institute (JSI), and the National Housing Endowment (NHE) are proud to announce the successful completion of the Fall Prevention Training Pilot Program.
Economics
Jun 04, 2026
U.S. House Price Appreciation Slows from Rapid Pandemic-era PaceHigher mortgage rates, persistent affordability challenges and softer demand weighed on price growth nationally. Local market conditions varied, with some states and metro areas seeing solid gains while others saw declining or flattening house prices.
Latest Economic News
Economics
Jun 05, 2026
U.S. Labor Market Remains Resilient in MayDespite rising inflation and ongoing economic uncertainty, the U.S. labor market remained resilient in May. Nonfarm payrolls increased for the third consecutive month, and the unemployment rate held steady at 4.3%.
Economics
Jun 04, 2026
Mortgage Rates Increase Further as Inflation Remains ElevatedMortgage rates continued to increase in May as inflation accelerated. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.41% in May, up 7 basis points (bps) over April.
Economics
Jun 04, 2026
Highest Paid Occupations in Construction in 2025The median wage of payroll workers in construction was $61,370 in 2025, with the top 25% earning at least $83,480. In comparison, the U.S. median annual wage was $50,980, while workers in the top quartile (the highest paid 25%) earned at least $80,520.