[Deathwatch] David Kellermann, acting CFO of Freddie Mac, 41

[Deathwatch Central]

Freddie Mac official found dead in apparent suicide

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.

Many thanks to Deathwatch Central for posting this obituary