Mortgage Bankers chair credits departing CEO with stabilizing association amid housing collapse; new leader faces lobby limits. John Courson, president and CEO of the Mortgage Bankers Association for two years during the ongoing housing meltdown, will step down June 1. Stevens A statement released by MBA did not indicate why Courson is leaving and did not say that he is retiring. He has been a proponent of the mortgage industry for more than four decades. David Stevens, until March 31 the assistant secretary for housing and commissioner of the Federal Housing Administration, will replace him. Stevens accepted the position after previously announcing he would… Read More