David Kellermann was reportedly found dead Wednesday at his home.
Wired PR News – Acting Chief Financial Officer of Freddie Mac David Kellermann was found dead in what police state appeared to be a suicide. As reported by the Associated Press (AP), Kellermann was found on Wednesday in his home in Reston, Virginia.
As noted by the AP, Freddie Mac has come under scrutiny over business practices many speculate to have led to the crisis within the housing and financial industry. Former Freddie Mac CEO, David Moffett resigned from mortgage giant in March.
Kellermann was named acting CFO last September following Anthony “Buddy” Piszel’s resignation. He had been with the company for over 16 years.
Freddie Mac has reportedly received $60 billion in assistance from the federal government. As further noted in the report, the company, along with sister company Fannie Mae, owns or backs over half of the mortgages in the United States.