On January 7, 2015, Freddie Mac (the Federal Home Loan Mortgage Corporation) announced that Raphael W. Bostic has been elected to Freddie Mac's Board of Directors, effective as of January 6, 2015. Bostic, age 48, has served as the Bedrosian Chair in Governance and Public Enterprise at the Sol Price School of Public Policy at the University of Southern California since 2012.