Mortgage Bankers Association (MBA) President and CEO John A. Courson will be leaving the association effective June 1.

He will be replaced in May by David Stevens, assistant secretary for housing and commissioner of the Federal Housing Administration (FHA) at the U.S. Department of Housing and Urban Development (HUD). Stevens had announced earlier that he would be resigning from his position at the HUD and will leave the agency on March 31.

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