Freddie Mac announced that Christopher E. Herbert was elected to the company’s board of directors, Freddie Mac announced in a release. Herbert, 57, has extensive experience relating to housing policy and urban development.
“We are very pleased that Chris is joining the Freddie Mac Board,” Freddie Mac non-executive Chairman Christopher S. Lynch said in the release. “His deep understanding of housing issues and policy will help the board advance Freddie Mac’s mission to support the stability of the housing market and promote housing affordability.”
Herbert has been the managing director for Harvard University’s Joint Center for Housing Studies and a lecturer in urban planning and design at the Harvard Graduate School of Design since January 2015. Prior to his appointment as managing director, he served as research director from 2010-2014 and was a research analyst from 1993-1997. From 1997 to 2010, Herbert was a senior associate at Abt Associates, Inc., the release said.
Herbert currently serves on the board of directors of the Homeownership Preservation Foundation and is a trustee of Greenpath Financial Wellness, while also serving as a member of the advisory board of the Milken Institute Center for the Future of Aging and the advisory council for the Center for Responsible Lending.