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WASHINGTON — The man who was appointed to lead mortgage giant Fannie Mae in 2009 after the federal government seized the company plans to step down as its chief executive.

Michael J. Williams announced Tuesday he will continue as CEO and as a director until a successor is found.

The government rescued Fannie Mae and Freddie Mac in September 2008 after the two mortgage firms absorbed huge losses on risky loans that threatened to topple them.

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