Mortgage group added a retention bonus; for board members, the CEO’s love of the business trumped his desire to leave policymaking Stevens David Stevens’ passion for real estate finance and the entreaties of members and staff—along with higher compensation—convinced him to reverse course and remain as CEO of the Mortgage Bankers Association.Debra Still, MBA chairman-elect, told CEO Update that Stevens’ compensation was “restructured” to include a long-term retention bonus. Asked if his compensation increased, Still said, “It would be safe to say the MBA is committed to a competitive pay package, but I would use the word restructured.” The retention deal is good… Read More