Get the Band Back Together
Last week, David Stevens, the CEO of the Mortgage Bankers Association (MBA), announced that he will be staying on with MBA and not joining SunTrust Banks (STI) on July 16 as President of SunTrust Mortgage, which was announced in May. I don't know what the back story is for this last-minute change, but I do have a hunch about what may be going on behind the scenes.
Before I continue, I want to stress that I have had no communication with Stevens about this issue or with anyone associated with him....443 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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