The Mortgage Bankers Association (MBA) appointed Marcia Davies as Chief of Staff, effective immediately.
At the MBA, the new hire will focus on facilitating the implementation of strategic initiatives that require cross-functional integration within the association, its staff and its members.
She will have key oversight for projects that are organizational priorities to ensure that all are efficiently moving toward a plan, objectives, established milestones and measurement criteria, a release from the MBA said.
Davies was previously at the U.S. Department of Housing and Urban Development (HUD) where she was senior advisor to David Stevens, MBA president and CEO when he was assistant secretary and Federal housing commissioner. Before the HUD, Davies spent 21 years at Freddie Mac, where she held different 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," Stevens said. "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."