Departure of Directors or Certain

On August 4, 2016, Brenda J. Gaines notified the company of her resignation from the Board of Directors of Fannie Mae (formally, the Federal National Mortgage Association), effective as of August 31, 2016, and David H. Sidwell notified the company of his resignation from the Board of Directors of Fannie Mae, effective as of September 30, 2016.

SIGNATURES

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/ Timothy J. Mayopoulos

Timothy J. Mayopoulos

President and Chief Executive Officer

Date: August 8, 2016

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