President Barack Obama’s nominee to the Federal Housing Administration, David H. Stevens was born in New York City and raised in Connecticut. After graduating from University of Colorado at Boulder, Stevens joined California’s World Savings Bank in 1983, where he worked in sales and marketing, product development, affordable lending, and communications. Stevens was promoted to group senior vice president and national sales manager for the bank’s mortgage sector. In 1999, Stevens left World Savings Bank and joined Freddie Mac, where he worked until 2005, specializing in single-family businesses. In February 2006, Stevens joined Wells Fargo Home Mortgage as the executive vice president working with mortgage brokers. Later that year, Stevens moved to Long & Foster, the largest privately-owned real-estate firm in the country, and was responsible for the company’s affiliated businesses, such as its mortgage, title and insurance division. In October 2008, Stevens was designated president and chief operating officer of the company.