David BrickmanMcLEAN, VA—David Brickman will assume the role of CEO of Freddie Mac on July 1, when the current CEO Don Layton retires. Brickman will also become a member of the Freddie Mac Board of Directors at that time.
Brickman has served many years at Freddie Mac's multifamily business and in September of 2018, he was promoted to president. Around the same time Layton first announced his retirement. The Board signalled that Brickman would be considered for the role as well as external candidates. Brickman was ultimately selection, a decision approved by the GSE's regulator, the Federal Housing Finance Agency.
Sara Mathew, Chair of Freddie Mac's Board of Directors, noted that among his accomplishments, Brickman led the process of driving credit risk transfer and attracting private capital to finance multifamily housing.
Brickman's former role of head of multifamily operations was passed to another Freddie Mac veteran, Deborah Jenkins.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
