After leading the Mortgage Bankers Association to financial stability through the post-crisis era, the chief executive officer of the trade group is leaving.

Before taking over MBA in 2011, David H. Stevens was Federal Housing Commissioner for the Department of Housing and Urban Development during the Obama administration.

Prior to his appointment to run the Federal Housing Administration, Stevens spent time at Freddie Mac, Long & Foster Companies Inc. and Wells Fargo & Co.

Source: Mortgage Daily