Jason Griest has been with Freddie for the past eight years. Prior to that, he held capital markets or securitizations positions at Fannie Mae, Bank of America and JP Morgan.
The CSS board now has four GSE-appointed members and five independents. Fannie and Freddie warned that this new majority will have the final say on any matter during conservatorship and on a number of significant matters following conservatorship (if they ever exit).
Freddie Mac appoints board member Mark Grier to serve as interim CEO while it continues to search for a permanent replacement for David Brickman, who left in early January.