Freddie Mac director Herbert resigns; FHFA appoints Farbman to board

FEDERAL HOME LOAN MORTGAGE CORP

Christopher E. Herbert resigned from Freddie Mac board effective March 19, 2025; he chaired Mission and Housing Sustainability Committee.
FHFA, as Conservator, appointed David Farbman to the board effective same date.
Farbman will receive non-executive director compensation per Freddie Mac's 2024 Annual Report.
Freddie Mac expects to enter into indemnification agreement with Farbman.

item 5.02 item 9.01

Executive movements

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Appointed

David Farbman

Director

FMCC · FEDERAL HOME LOAN MORTGAGE CORP

Effective: 2025-03-19
Filed: March 21, 2025, 7:59 PM ET

On March 19, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed David Farbman to the Freddie Mac Board, effective as of March 19, 2025.

Departed

Christopher E. Herbert

Director

FMCC · FEDERAL HOME LOAN MORTGAGE CORP

Effective: 2025-03-19
Filed: March 21, 2025, 7:59 PM ET

On March 19, 2025, Christopher E. Herbert notified us of his resignation from the Federal Home Loan Mortgage Corporation (Freddie Mac) Board of Directors, effective as of that date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Farbman was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.

Action: appointed
Role: Director

Exact text from the filing

On March 19, 2025, the U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as Conservator, appointed David Farbman to the Freddie Mac Board, effective as of March 19, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher E. Herbert resigned as Director at FEDERAL HOME LOAN MORTGAGE CORP.

Action: resigned
Role: Director

Exact text from the filing

On March 19, 2025, Christopher E. Herbert notified us of his resignation from the Federal Home Loan Mortgage Corporation (Freddie Mac) Board of Directors, effective as of that date.

View on SEC.gov

FEDERAL HOME LOAN MORTGAGE CORP filing history →

Source: SEC EDGAR

accession 0001026214-25-000048

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