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Stevens set to retire from Mortgage Bankers in 2018

CEO stepping down to focus on health and family after 2016 prostate cancer diagnosis; group launches search for successor


Nov. 3, 2017
By Walt Williams

David Stevens will retire as CEO of the $57 million-revenue Mortgage Bankers Association on Sept. 30, 2018, saying he is stepping down to focus on his health and family.

Stevens, 60, became MBA’s CEO in 2011, having previously been U.S. assistant secretary of housing. He announced last year that he had been diagnosed with prostate cancer. In a July interview with CEO Update, he spoke candidly about coping with cancer and the importance of keeping a positive outlook.

“You got to keep the right attitude, because attitude is a huge part of the battle with a disease like this,” he said.

Stevens announced his upcoming retirement during his keynote speech at MBA’s annual conference in Denver on Oct. 25. In a statement, he said his cancer is in remission but the experience convinced him that focusing on his family, friends and health should be his goal.