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Freddie Mac Announces Board Changes with New Appointment

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Freddie Mac Announces Board Changes with New Appointment

An announcement from Freddie Mac ( (FMCC) ) is now available.

On March 19, 2025, Christopher E. Herbert resigned from the Freddie Mac Board of Directors, where he was the Chair of the Mission and Housing Sustainability Committee. On the same day, the Federal Housing Finance Agency appointed David Farbman to the board as a non-executive director, with compensation details outlined in Freddie Mac’s 2024 Annual Report. This change in the board’s composition may influence Freddie Mac’s strategic direction and governance.

More about Freddie Mac

Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, operates in the financial services industry, primarily focusing on providing liquidity, stability, and affordability to the U.S. housing market through mortgage purchases and guarantees.

YTD Price Performance: 50.74%

Average Trading Volume: 6,481,083

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.07B

For an in-depth examination of FMCC stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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