David Brickman
CEO
David Brickman is CEO of Freddie Mac and is a member of the company's Board of Directors. His career at the company spans over two decades across five divisions. He is well-known for his long tenure as head of Freddie Mac Multifamily, where he led a period of unprecedented growth, innovation and success. During his time at Freddie Mac, Brickman has developed over 20 products. This includes new structures for multifamily securities and innovative financing options that help preserve affordable rental housing in communities across the nation.
Milestones provide an important opportunity to pause, take stock of the past and look ahead to the challenges and opportunities the future holds.
Freddie Mac responded to unprecedented challenges while serving its mission in the first quarter.
In 2019, Freddie Mac delivered solid earnings, with strong returns and executed on our mission of providing liquidity, stability and affordability to the housing market.
More so than any time in the past 11 years, we at Freddie Mac believe our fate is in our own hands.
We remain in excellent financial health and we are fully supporting our mission of providing liquidity, stability and affordability to the rental and home purchase markets.
As CEO of Freddie Mac, my top priority is to capitalize on our transformation and bring us into the next chapter.
Last month, leaders from across the multifamily industry converged in Phoenix for Freddie Mac Multifamily's annual Customer Conference. The energy, enthusiasm and growth tells an important story about our business in 2017 and beyond.
As many as 12 million U.S. households devote more than half their income to housing. As house prices and rents rise, the demand for affordable housing increases as well.
Freddie Mac Multifamily is on track to purchase and securitize record volumes of loans. Barring any surprises, the multifamly market could grow 5 to 10 percent in 2017.
Our first Freddie Mac 55+ Survey found that shifting housing choices by Baby Boomers and older adults may sharpen the already acute shortage of affordable housing.
Ten years ago, Freddie Mac Multifamily envisioned a future multifamily housing finance system, and began the process of transforming our business – and we haven't looked back.
Our new, innovative Small Balance Loan offering creates a broad platform for bringing much-needed liquidity, consistency, and stability to a vital market segment.