MBA COO Marcia Davies will retire at the end of the year

“For well over a decade, MBA and its members have benefited tremendously from Marcia’s vision and passion for the mission and the people of the real estate finance industry,” said MBA’s president and CEO Bob Broeksmit, CMB.

“Her most vital contribution to MBA was her leadership in restoring financial stability to the association. Her legacy in the industry will be the founding and development of mPower, enhancing the ability of thousands of women in our industry to strengthen their networks, conduct more business, and experience personal and professional growth. I have been blessed to have her leading by my side for the past seven years.”

As COO, Davies has been responsible for implementing MBA’s strategic initiatives and organizational priorities. She also directs the association’s external activities, including public affairs and marketing, and provides guidance for its conferences, membership, education, information technology and office services divisions. She previously served on the board of MBA Opens Doors Foundation.

In 2016, Davies founded mPower (MBA Promoting Opportunities for Women to Extend their Reach), an organization that provides best-in-class conference and webinar programming, networking events, and online opportunities to promote the advancement of women in the mortgage industry.

Since its founding, mPower has grown into a community of over 26,000 industry members.

Earlier in her career, Davies served as senior adviser to the assistant secretary for housing and Federal Housing Commissioner at the U.S. Department of Housing and Urban Development, where she directed industry relations. She previously spent 21 years at Freddie Mac in senior management roles across communications, customer outreach, marketing, servicer relations and policy.