---
schema_version: "secwatch.filing_event.v1"
accession: "0001026214-25-000048"
form_type: "8-K"
ticker: "FMCC"
cik: "0001026214"
company_name: "FEDERAL HOME LOAN MORTGAGE CORP"
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T07:58:06.995595+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Freddie Mac director Herbert resigns; FHFA appoints Farbman to board

## Summary
- 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.

## SEC filing metadata
- accession: 0001026214-25-000048
- form_type: 8-K
- ticker: FMCC
- cik: 0001026214
- company_name: FEDERAL HOME LOAN MORTGAGE CORP
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000048/0001026214-25-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000048/fmcc-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026214-25-000048
- JSON: https://secwatch.observer/filing/0001026214-25-000048.json
- Plain text: https://secwatch.observer/filing/0001026214-25-000048.txt

## Key facts
- Executive change
  David Farbman was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000048/0001026214-25-000048-index.htm
- Executive change
  Christopher E. Herbert resigned as Director at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000048/0001026214-25-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.