Kellermann was named acting CFO of Freddie Mac last September, when the government took it and sister GSE Fannie Mae under conservatorship. The two agencies have come under a harsh spotlight in subsequent months as lending practices have been critiqued, significant losses realized and plans for bonuses roundly denounced in Congress.

There have also been changes in the upper echelons of management at Freddie Mac. Most recently, David Moffett, who had been selected in September to lead the agency under its government control, quit last month. Freddie Mac has been since headed by John A. Koskinen, Freddie Mac's chairman.

Kellerman was 41 years old and is survived by his family.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.