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Journalism of Courage
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,Virginia,Police Department,said Kellermann was found dead in his Reston,Virginia,home. The 41-year-old Kellermann has been Freddie Macs chief financial officer since September.
Jennings said that a crime scene crew and homicide detectives were investigating the death,but that there didnt 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 has been hobbled by skyrocketing loan defaults. Kellermann was named acting chief financial officer in September 2008.
