David Stevens

David Stevens

David H. Stevens is the President and CEO of the Mortgage Bankers Association.

ARTICLES

  • David Stevens: Here's the MBA view on GSE reform

    What to do about Fannie, Freddie, and even Ginnie
    [Expert commentary] In an exclusive guest post, Mortgage Bankers Association President and CEO David Stevens presents the MBA's view on the "right" reform plan for Fannie Mae, Freddie Mac, and Ginnie Mae. How much should the government be involved in the mortgage market? Stevens presents the MBA case.
    Read More
  • The False Claims Act has no place in housing

    Stop its use or lose FHA lenders
    [Expert commentary] To be clear, we need a well-regulated lending industry to protect taxpayers, homebuyers, and communities. This is a good thing. But the use of False Claims Act is an inappropriate and harmful response that only reduces access to credit for qualified borrowers. It’s time to stop this.
    Read More
  • Now is the time — Make housing reform a priority

    Exclusive op-ed from the president of the MBA
    Today, MBA is releasing a plan detailing how a future secondary mortgage market can work – describing a post-conservator end state for Fannie Mae and Freddie Mac. Our proposal includes transition steps detailing how to get from here to there and is the only paper that comprehensively addresses how the reformed secondary market would serve all Americans along the broad continuum of affordable housing needs.
    Read More
  • The math behind the need for GSE reform

    MBA CEO: This unfinished work 'looms over our nation'
    The calls to allow the GSEs to rebuild capital amplify an important issue and are based on valid and reasoned concerns that we all share. Unfortunately allowing them to just recapitalize is simply not a mathematical possibility.
    Read More
  • MBA's Stevens: Time for a clarification on Fannie, Freddie reform

    Protecting GSE role in housing supersedes profit-focused shareholders
    Right now, Fannie Mae and Freddie Mac are providing liquidity in the secondary market for residential mortgage in the absence of private capital. The unbalanced dependence here puts the entire system on untenable ground and presents enormous risks to taxpayers.
    Read More
  • Mortgage Bankers helping veterans achieve homeownership

    Built to Honor program awards mortgage-free houses to injured vets
    "A homecoming for these heroes is something to be celebrated. Sadly, as we continue to recover from the largest economic downturn in generations, many of our veterans face homelessness, health care complications and high unemployment rates," Mortgage Bankers Association President and CEO David Stevens said.
    Read More
  • From HW Magazine

    Balance of power

    Lending in today's regulatory atmosphere
    When the housing crisis began, the federal government took measures to stabilize the real estate finance markets, ensure ongoing liquidity and prevent further losses. Congress passed the Dodd-Frank Act that put many of these measures in place, including the establishment of the Consumer Financial Protection Bureau and statutory requirements for federal regulators to create and enforce new regulations to protect consumers and ensure a crisis of this proportion was never allowed to occur again
    Read More