Hugh R. Frater
Hugh R. Frater is Fannie Mae's Chief Executive Officer (CEO) and sets the overall enterprise vision and strategic direction of the company. In addition, Mr. Frater is a member of the company's Board of Directors and its Community Responsibility and Sustainability Committee.
Mr. Frater served as Interim CEO from October 2018 through March 2019, and began his service on Fannie Mae’s Board in 2016. He currently serves as Non-Executive Chairman of the Board of VEREIT Inc. and as a Board member of Hippo Holdings Inc. Mr. Frater previously led Berkadia Commercial Mortgage LLC, a national commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Earlier in his career, Mr. Frater was a Founding Partner and Managing Director of BlackRock Inc.
Mr. Frater has a Bachelor of Arts in English from Dartmouth College, and a Master of Business Administration in finance from the Columbia University Graduate School of Business, where he serves on the Board of Overseers.