WASHINGTON, D.C. – May 2, 2011 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Marcia M. Davies as his Chief of Staff, effective immediately.
Ms. Davies most recently worked at the U.S. Department of Housing and Urban Development (HUD), where she served as Senior Advisor to Mr. Stevens when he was Assistant Secretary – Federal Housing Commissioner. Prior to HUD, Ms. Davies spent 21 years at Freddie Mac, where she held a variety of officer positions.
“Marcia knows the mortgage business and has a long track record of success ensuring enterprise-wide coordination and cooperation on a variety of large-scale projects,” said Stevens. “Given the continued challenges facing our association and the industry at large, Marcia will play an indispensable role ensuring that MBA’s efforts reflect input and expertise from all appropriate internal and external stakeholders and that progress is being made toward achieving our end goals.”
In her new role, she will be responsible for facilitating the implementation of strategic initiatives that require cross-functional integration within MBA, its staff and its members. She will have key oversight for projects that are organizational priorities to ensure that all are effectively moving according to plan, objectives, established milestones and measurement criteria.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.