Freddie Mac CFO David B. Kellerman was found dead at his home this morning, an apparent suicide.

Kellerman, who has held his current position since the government took over the troubled mortgage buyer in September, had been with the company for 16 years.

The government took over Freddie, and its sister company Fannie Mae, last September after mounting losses as a result of the collapse of the housing market. The two companies own or control about $5 trillion worth of mortgages. Freddie's CEO David Mofffett, to whom Kellerman reported, resigned last month.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.