Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 322

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 322
---
 continued involvement of incumbent directors in business and professional activities relevant to us, the skills and experience that should be represented on the Board of Directors, and the availability of other individuals with desirable skills to join the Board of Directors. Specifically, the Nominating and Governance Committee seeks candidates that would complement the knowledge the Board of Directors collectively has in the areas of business, finance, accounting, risk management, technology (including cybersecurity), public policy, mortgage lending, real estate, low-income housing, homebuilding, regulation of financial institutions, and any other areas that may be relevant to our safe and sound operation. We also consider whether a candidate's other commitments, including the number of other board memberships held by the candidate, would permit the candidate to devote sufficient time to the candidate's duties and responsibilities as a director. In addition, our Charter provides that our Board of Directors has at least one person from each of the homebuilding, mortgage lending, and real estate industries, and at least one person from an organization representing community or consumer interests or one person who has demonstrated a career commitment to the provision of housing for low-income households. 

At Freddie Mac, we recognize that diversity among Board members increases diversity of thought on the Board of Directors, which results in better business decisions that consider the perspectives of all stakeholders. FHFA regulation (12 CFR § 1223.21(b)) requires us to ensure, to the extent possible in balance with financially safe and sound business practices, inclusion 

FREDDIE MAC  |  2024 Form 10-K217

Directors, Corporate Governance, and Executive OfficersDirectors

of individuals with different racial or ethnic backgrounds, women, and individuals with disabilities in our process of nominating directors, as we do in all of our activities. 

Our Board of Directors is composed of members with a variety of backgrounds and overall experience. Our Board also values having a balance of longer-serving directors with institutional knowledge and newer directors that bring fresh perspectives and ideas. 

The charts below provide information on the composition of our Board of Directors by demographic background and tenure, as of February 12, 2025. 

Director Biographical Information

The following summarizes each director's Board service, experience, qualifications, attributes, and/or skills that led to their selection as a director, and provides other biographical information, as of February 12, 2025. 

Mark H. BloomAge 60Director since November 2019Freddie Mac Committees:•Compensation and Human Capital•Executive•Operations and Technology, Chair•