John Courson, president and CEO of the Mortgage Bankers Association for two tumultuous years, will step down June 1. David Stevens, assistant secretary for housing and commissioner of the Federal Housing Administration, will replace him. MBA Chairman Michael Berman noted the tough times for the mortgage industry that prevailed preceding and during Courson’s tenure—a period that saw the group forced to sell its headquarters building at 1331 L Street NW, Washington, D.C. “John Courson has led MBA through the most turbulent times that this industry, and the association, has ever seen,” Berman said in a statement. “John inherited an association facing serious financial… Read More