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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 28, 2006
Federal National Mortgage Association
(Exact name of registrant as specified in its charter)
         
Federally chartered corporation
       000-50231        52-0883107
(State or other jurisdiction
  (Commission   (IRS Employer
of incorporation)
  File Number)   Identification Number)
         
3900 Wisconsin Avenue, NW
    20016  
Washington, DC
  (Zip Code)
(Address of principal executive offices)
       
Registrant’s telephone number, including area code: 202-752-7000
(Former Name or Former Address, if Changed Since Last Report): ________________
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
  o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
  o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
  o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
  o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
     (b)  On June 28, 2006, Donald B. Marron resigned from the Board of Directors of Fannie Mae (formally, the Federal National Mortgage Association), effective July 31, 2006. Mr. Marron felt it was important to stay on the Board of Directors through the Paul, Weiss investigation and the Office of Federal Housing Enterprise Oversight (“OFHEO”) special examination, which are now complete. Mr. Marron has been and will remain very supportive of Fannie Mae’s affordable housing mission and the financial stability of the company.
Item 7.01. Regulation FD Disclosure.
     On June 29, 2006, Fannie Mae issued its monthly financial summary release for the month of May 2006. The summary, a copy of which is furnished as Exhibit 99.1 to this report, is incorporated herein by reference.
     The information in this item, including Exhibit 99.1 submitted herewith, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of Section 18, nor shall it be deemed incorporated by reference into any disclosure document relating to Fannie Mae, except to the extent, if any, expressly set forth by specific reference in such document.
Item 9.01. Financial Statements and Exhibits.
     (c) Exhibits. The exhibit index filed herewith is incorporated herein by reference.

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SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
         
 
  FEDERAL NATIONAL MORTGAGE ASSOCIATION
 
       
 
  By   /s/ David C. Hisey
 
       
 
      David C. Hisey
 
      Senior Vice President and Controller
Date:    June 30, 2006

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EXHIBIT INDEX
The following exhibit is submitted herewith:
     
Exhibit Number   Description of Exhibit
 
   
99.1
  Monthly summary release for May 2006 issued by Fannie Mae on June 29, 2006

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