Freddie Mac executive found dead at his home

WASHINGTON -- David Kellermann, acting chief financial officer of mortgage giant Freddie Mac, was found dead at his northern Virginia home Wednesday morning.

Mary Ann Jennings, director of public information for the Fairfax County Police Department, said there didn't appear to be any sign of foul play.

"We were called from inside the house to come investigate an apparent suicide," Jennings told WTOP radio.

"We're not going to give you details of the condition of the body, except to say it was an apparent suicide."

Jennings said a crime scene crew and homicide detectives were investigating the death.

Police were called to the home at 4:48 a.m. ET. A police statement says, "The cause and manner of death will be determined by the Medical Examiner following an autopsy."

Kellermann, 41, of Vienna, Va., has been Freddie Mac's chief financial officer since September.

Kellermann lived in Hunter Mill Estates, a neighborhood of large single-family homes. County records show the home is worth about $900,000.

Kellermann became Freddie Mac's acting CFO in September 2008. He had spent nearly 17 years with the company. He assumed his new role after the government took over the mortgage giant following significant financial losses.

He was responsible for internal and external financial management, disclosure and reporting for a $1.8 trillion balance sheet of financial instruments and insurance contracts.

"David was a man of great talents. He dedicated those talents to Freddie Mac for more than 16 years, serving in many business and finance capacities before recently taking the reins as acting chief financial officer," Freddie Mac's interim CEO John Koskinen said in a statement.

"His extraordinary work ethic and integrity inspired all who worked with him. But he will be most remembered for his affability, his personal warmth, his sense of humor and his quick wit. David was a friend to many in the Freddie Mac family, and we mourn his passing."

Kellermann joined Freddie in 1992 and served as corporate controller, where he managed the accounting policy and external financial statement groups. He served as business area controller from September 2006 until February 2008. In that role, he led the organization responsible for all accounting and finance for Freddie Mac's lines of business.