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Thread: Freddie Mac Acting CFO David Kellermann Found Dead

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[quote=MARRIE,364834]Bloomberg News - By Dawn Kopecki and Jody Shenn

April 22 (Bloomberg) -- Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said.

There were no signs of foul play, and the death is under investigation, Fairfax County, Virginia, Police Officer Shelley Broderick said. She said early reports from others in the department indicated Kellermann’s wife reported a suicide. The medical examiner’s office said it’s conducting an autopsy, and the results may be released as soon as today.

“He was a hard worker, good guy and had a positive attitude,” said David Stevens, a former Freddie mortgage executive who left in 2005 and was recently nominated to run the Federal Housing Administration. “It’s a tragedy.”

The Securities and Exchange Commission and the Justice Department have been questioning executives about Freddie’s accounting practices, according to company filings. McLean, Virginia-based Freddie and Washington-based Fannie Mae, the mortgage-finance companies seized last year by U.S. regulators, reported in September that they were under investigation.

“Freddie Mac knows of no connection between this terrible personal tragedy and the ongoing regulatory inquiries discussed in our SEC filings,” said Doug Duvall, a company spokesman.

Medical Examiner

Police said they found Kellermann at about 4:48 a.m. local time at his home in Vienna, Virginia. Police won’t be able to determine the cause of death until this afternoon at the earliest, said Nancy Bull, a regional administrator for Virginia’s Office of the Chief Medical Examiner.

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