Freddie Mac CFO|Found Dead at Home

     (CN) – The acting CFO of Freddie Mac was found dead at his Northern Virginia home today, apparently of suicide. David B. Kellerman, 41, had been acting CFO since September, when the federal government took over the mortgage giant.

     CNN reported that Fairfax County officials refused to confirm that Kellerman had committed suicide, but The Associated Press reported late this morning that police had confirmed it.
     Kellerman’s death is another blow to Freddie Mac, whose CEO, David Moffett, resigned in March.
     Freddie Mac and its sister company, Fannie Mae, are the largest backers of residential mortgages in the world, being involved in more than half of U.S. home mortgages. Their top executives were widely criticized for taking enormous paychecks while the companies walked over the cliff and into the recession. The two companies have received about $60 billion in federal aid since the mortgage meltdown.
     Kellerman became acting CFO upon the resignation of Anthony Piszel. Kellerman had also had been a senior vice president, corporate controller and principal accounting officer in his 16 years with Freddie Mac.

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