Mortgage Bankers Association President and CEO David H. Stevens yesterday announced that he plans to retire on Sept. 30, 2018. Stevens will continue to lead the MBA until that time.

“With my cancer in remission, focusing on family, friends and staying healthy is my priority,” Stevens said in a statement. “This was a difficult decision; it’s hard to walk away from supporting an industry that shaped my career. It’s been an honor to work with the talented staff, strong leadership and diverse membership of the MBA.”

“We all support Dave in his decision,” David Motley, 2018 MBA chairman, said in a statement. “MBA has never been stronger and is well positioned to manage this transition. Dave has given his heart and soul to MBA for nearly seven years and on behalf of the entire membership, we are incredibly grateful for his leadership.”

MBA Immediate Past Chairman Rodrigo Lopez is leading a search committee to process and identify candidates and is comprised of 12 volunteer MBA members. The nationwide search for Stevens’ replacement commences immediately.