David Stevens

Stevens’ Move to MBA Raises Lobbying Questions 

After recently resigning as Commissioner of the Federal Housing Authority (FHA), David Stevens has been tapped to lead the Mortgage Bankers Association (MBA).  In an announcement, the MBA pointed to Stevens' long tenure as a mortgage industry executive, along with his leadership at the FHA, as uniquely qualifying him to lead the MBA through their next chapter.  The announcement has raised questions, however, involving the administration's "Revolving Door Ban" signed by Stevens.   The Obama Administration required all administration personnel, which would have included Stevens when he was appointed to the FHA, to sign the Ethics Commitments by Executive