This week the CEO of Fannie Mae, Michael J. Williams, attended University of San Diego's Burnham-Moores Center for Real Estate annual conference to discuss the future of Fannie Mae lending.  As policy makers aim to phase out Fannie Mae, consumers have questions about what changes we can expect for the secondary mortgage market and 30 year fixed rate loans. Many of these questions have been left unanswered, but the discussion has only begun.

"Our company is preparing for change," said Williams. "As the policymakers consider how to reform the housing market, we expect vigorous debate on all sides of the issue." (Lily Leung, San Diego Union Tribune).

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