Freddie Mac announced that Kevin G. Chavers and Luke S. Hayden have been elected to its Board of Directors effective Feb. 15, 2022. Chavers retired as managing director, Global Fixed Income Investment Team, at BlackRock Inc. in 2021, and Hayden has been chief executive officer of Hayden Consulting LLC since 2012.

Chavers will serve on Audit Committee and Nominating and Governance Committee, and Hayden will serve on Operations and Technology Committee and Risk Committee. After joining BlackRock in 2011, Chavers also served as managing director, Global Public Policy Group, and managing director, BlackRock Solutions, Financial Markets Advisory Group. Prior to joining BlackRock, Chavers held various positions at Morgan Stanley from 2003 to 2011, including as managing director, senior relationship management and Head, Mortgage Strategy & Execution.

Hayden served as vice chairman of Residential Mortgage Services Holdings Inc. from 2013 to 2021. Prior to joining Residential Mortgage Services Holdings, he was president of PHH Mortgage Corporation from 2010 to 2012 and executive vice president and senior managing director at GMAC Residential Capital from 2007 to 2008.