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Freddie Mac acting CFO, David Kellermann Found Dead in his Home

Submitted by nuklear on April 22, 2009 – 12:16 pmNo Comment

David Kellermann, Freddie Mac Acting CFO, Found Dead

david kellermann

The acting CFO of Virginia-based mortgage behemoth Freddie Mac, David Kellermann, was suspected to have committed a suicide.

He was found dead in his rich home (worth over $900k) at Hunter Mill Estates home in Virginia on early Wednesday morning. Freddie Mac is losing heavy money lately. The official shared the home with his wife and police of Fairfax County police rushed to his office after they received a 911 SOS call at 5 a.m. The police as of now are tight lipped about what had caused Kellermann’s death and they declined to reveal if any suicide note was left behind.

The 41-year-old Kellermann must have been enduring some pressures according to one across-the-street neighbor, Paul Unger.

David Kellermann had been with Freddie Mac for the last 16 years and has been acting CFO of the company from last September; it is when the government took control of Freddie Mac to hold from failing. In the last year, sadly, the company lost over $50 billions and government gave $45 billion to keep it alive. Employees of Freddie Mac received the death news of the acting Chief Financial Officer as a shock. It should be noted that the company is receiving criticism for funding high-risk mortgages that inflated the real estate bubble (ah! Trouble).

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