The acting chief financial officer of Freddie Mac was found dead at his home Wednesday morning in an apparent suicide.

David Kellermann, acting chief financial officer at the government-controlled mortgage company, was found dead at his home in Fairfax County, Va.

Kellermann was named acting CFO in late September, three weeks after the government took charge of Freddie Mac. He had previously been senior vice president and corporate controller there.

His death came as staff from the Securities and Exchange Commission and Justice Department were probing the home-finance company about issues including possible accounting violations.

Freddie Mac( FRE) disclosed the investigation in a March 11 filing, and the firm said it was “cooperating fully in these matters.”


Can’t help it, but with all the dirty playerss connected to Fannie Mae and Frddie Mac, the conspiracy theorist in me tells me that something stinks here.  In time, it will hopefully be exposed. 

Does it have anything to do with the fact that prime mortgage delinquencies for Fannie Mae and Freddie Mac doubled within one month? How bad is it? And what did he know?