WASHINGTON – David Kellermann, the acting chief financial officer of mortgage giant Freddie Mac, was found dead at his home Wednesday morning in what police said was an apparent suicide.
Mary Ann Jennings, director of public information for the Fairfax County, Va., Police Department, said Kellermann was found dead in his Reston, Va., home. The 41-year-old Kellermann has been Freddie Mac’s chief financial officer since September.
Jennings said that a crime scene crew and homicide detectives were investigating the death, but that there didn’t appear to be any sign of foul play.
McLean-based Freddie Mac has been criticized heavily for reckless business practices that some argue contributed to the housing and financial crisis. Freddic Mac is a government-controlled company that owns or guarantees about 13 million home loans. CEO David Moffett resigned last month.
Freddie Mac and sibling company Fannie Mae, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults and have received about $60 billion in combined federal aid.
Kellermann was named acting chief financial officer in September 2008, after the resignation of Anthony “Buddy” Piszel, who stepped down after the September 2008 government takeover. The chief financial officer is responsible for the company’s financial controls, financial reporting and oversight of the company’s budget and financial planning.
Before taking that job, Kellerman served as senior vice president, corporate controller and principal accounting officer. He was with Freddie Mac for more than 16 years.
29839 Sta Margarita Pkwy, 
Videography by Barbara Rosenfeld 
April 22nd, 2009 @ 12:13 pm
Kellerman’s death is so highly suspicious. Bodies are appearing just like during the Clinton years.
April 22nd, 2009 @ 12:30 pm
Shades of Vince Foster anyone???
April 22nd, 2009 @ 1:01 pm
After reading this story, I found myself thinking about Vince Foster who was found dead in Marcy Park of an apparent suicide.
April 22nd, 2009 @ 2:31 pm
Re: Freddie Mac transparency
https://worldnewstweets.ning.com/profiles/blogs/breakingthe-kellerman-freddie
excerpts:
“This govt-issued policy works like this:
Freddie Mac loans can only be refinanced through……Freddie Mac loans. More than half the nation’s mortgages are controlled by Freddie and Fannie. The economic windfall to Freddie, and the protection from competition was about ready to be scruitinized before Kellerman’s death.”
“:”During his(Rahm Emanuel) brief time on the board, the company hatched a plan..led to a record $3.8 million fine from the Federal Election Commission””
“Emanuel’s questionable connections to Freddie, coupled with his senior position in the Obama administration, will certainly bring scrutiny in the blogosphere, at the very least, and perhaps beyond. Why is Freddie getting further government protection, not just a bailout, but a protection and reward when they were the ones that triggered much of this economic collapse with mortgage schemes managed in part by the now deceased David Kellerman.”
April 22nd, 2009 @ 4:49 pm
Do you think this sounds like someone who would commit suicide by hanging himself in his basement while his wife and five-year-old child were upstairs?
https://news.yahoo.com/s/ap/us_freddie_mac_official_dead