Freddie Mac CFO found dead ~ 41 years of age ~ Suicide possible

By
Commercial Real Estate Agent with NAI Tampa Bay

By MATT SMALL, Associated Press Writer – 40 mins ago

WASHINGTON – 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, Va., Police Department, said Kellermann was found dead in his Reston, Va., home.

The 41-year-old Kellermann has been Freddie Mac's chief financial officer since September. Jennings said that a crime scene crew and homicide detectives were investigating the death, but that there didn't 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.

 

Click here for full story <-----

close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Judy Boyle 04/22/2009 01:43 AM
Topic:
ActiveRain Community
Groups:
Commercial Real Estate
Commercial Real Estate Guru
Multifamily Investment News
Realtors®
The Lounge at Active Rain
Tags:
freddie mac
cfo
fannie mae
suicide

Spam prevention
Show All Comments
Ambassador
254,933
Melissa Grant
A Serendipity World - Greenbackville, VA
The Law of Attraction In Life & Business

Good Morning, I just saw this breaking news on the homepage of yahoo. It is horrible and apparantly they are calling it a suicide. Back to the drawing board on what everyone is suppose think and feel on our housing market

Apr 22, 2009 01:22 AM #1
Rainer
55,585
Sean Dreznin
NAI Tampa Bay - Sarasota, FL
Commercial Investment Real Estate Agent

This man certainly took the stress of that position and the distressing news and stories that came with it to heart.

My thoughts are with his family.

Sean

Apr 22, 2009 01:27 AM #2
Rainer
18,862
Judy Boyle
RE/MAX Signature Properties - Northborough, MA
MBA CDPE CRP

When people start taking their own lives, that's when we have to stop and look at ourselves and ask if it is really worth it. This is terrible news and one we can all learn a lesson from. Greed is evil.

Apr 22, 2009 01:42 AM #3
Ambassador
1,208,584
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

Wow.  I hadn't seen that yet.  Pretty sad ending to a sad story.

Apr 22, 2009 01:56 AM #4
Rainer
55,585
Sean Dreznin
NAI Tampa Bay - Sarasota, FL
Commercial Investment Real Estate Agent

Indeed Judy and Indeed Jared.

Apr 22, 2009 02:25 AM #5
Rainer
4,402
Adam Nash
Brooks Real Estate, Inc. - Williamsburg, VA

Unbelievable.  I knew that was some foul play going on there, but it can't be worth taking your own life.

Apr 23, 2009 06:24 AM #6
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
55,585

Sean Dreznin

Commercial Investment Real Estate Agent
Ask me a question
*
*
*
*

Additional Information