Former FHA Commissioner And MBA President Remembered For Impact On Housing Industry
By KIMBERLEY HAAS
Federal officials and members of the mortgage industry are mourning the loss of David Stevens, who helped the country navigate the aftermath of the 2008 housing crisis before serving as president and CEO of the Mortgage Bankers Association for seven years.
Stevens worked as the Federal Housing Administration Commissioner at the U.S. Department of Housing and Urban Development under former President Barack Obama. There from 2009 to 2011, he focused on restoring the administration to fiscal health and was a key player in drafting housing policy, according to an article by Reuters.
HUD Secretary Marcia Fudge said on Wednesday in a statement, “This country is better because of David’s service and contributions.”
“Over the course of his…
