Stevens Decision to Stay at MBA Is Plus for Trade Group and Industry, Observers Say
July 5, 2012
Mortgage industry insiders are applauding the decision by David Stevens to stay on as president and CEO of the Mortgage Bankers Association rather than take the number two post at SunTrust Mortgage as he had previously announced. Stevens was to resign from the MBA on June 30, but the trade group this week announced that he had changed course and decided to stay. After serious thought and consideration, I simply cannot leave the MBA at such a critical time for the industry and the association, said Stevens. Frankly, at the end of the day, stepping away now when so much progress is being made and...