Suicide by the acting CFO of Freddie Mac, which owns or manages over 13 million mortgages.
David Kellerman, who hanged himself, took over as CFO last October. Freddie MAC is under investigation. Kellerman was with Freddie Mac in different job capacities for 16 years.
Mary Ann Jennings, director of public information for the Fairfax County, Virginia, Police Department, said Kellermann was found dead in his suburban Virginia home. The police would not say if a suicide note was found.
Kellermann, 41, lived in Hunter Mill Estates, a well-off neighborhood of large single-family homes with manicured lawns. County records show Kellermann's home is worth about $900,000.
He worked for Freddie Mac for the past 16 years and was named acting chief financial officer last September when the government seized control of the company to keep it from failing. Freddie Mac lost more than $50 billion last year, and the government has pumped in $45 billion to keep the company afloat.- Advertisement -