USC Professor Raphael Bostic Named to the Board of Freddie Mac

Raphael-BosticRaphael Bostic, professor at the Price School of Public Policy at the University of Southern California in Los Angeles, has been elected to the board of directors of the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, the large government-sponsored mortgage finance company.

“This is an exciting opportunity to be part of an organization that has a long, very positive history in shaping housing in the U.S.,” Professor Bostic said. “It’s an important organization, and it’s an honor to be a part of it.”

Professor Bostic also serves as director of the Bedrosian Center on Governance and the Public Enterprise at USC. He first joined the faculty at USC in 2001. He went to Washington in 2009 for three years to serve as assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development. Professor Bostic will continue to serve on the USC faculty as he assumes his new duties with Freddie Mac.

Dr. Bostic is a graduate of Harvard University, where he double majored in economics and psychology. He holds a Ph.D. in economics from Stanford University.

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Elizabeth City State University Establishes Transfer Agreements With a Local Community College

Through three recently signed agreements, students at the College of the Albemarle now have the opportunity for a seamless transfer to Elizabeth City State University upon completion of their associate's degree.

Federal Reserve Bank of Philadelphia Reports on Demographic Disparities Within American Public Workforce

The report found that Black workers in overrepresented occupations make about $20,000 to $30,000 less than the compensation of White workers in overrepresented fields. African Americans were also found to be more likely than White Americans to work in a lower-wage, segregated occupations.

Christon Arthur Named First Black President of La Sierra University in California

Upon assuming his new role on July 1, Dr. Arthur will become the first Black president of La Sierra University. He has served as provost of Andrews University in Michigan for the past eight years.

Business Leaders Engaging in Same-Race Diversity Initiatives Are Perceived as Displaying Favoritism

When asked to measure their employers' effectiveness in same-race versus cross-race diversity efforts, participants were more likely to negatively rate leaders who engaged in diversity initiatives geared towards members of their own race.

Featured Jobs