Statement of FHFA Acting Director Edward J. DeMarco on Michael Williams Announcement “Today Michael Williams announced his intention to step down as Chief Executive Officer of Fannie Mae after 21 years of service to the company. Over these years, Mr. Williams has served Fannie Mae in many capacities, most notably as the executive responsible for overseeing the company’s financial restatements and accounting and control reforms pre-conservatorship, as Chief Operating Officer,