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Board of Directors
Fannie Mae strives daily to fulfill its public mission of providing mortgages to low-, moderate-, and middle-income Americans under the leadership of a board of directors.

As the company reported in its September 11, 2008 Form 8-K filing with the SEC, upon the appointment of the Conservator on September 6, 2008, in accordance with the Regulatory Reform Act, the Federal Housing Finance Agency (FHFA), as Conservator and by operation of law, immediately succeeded to all rights, titles, powers, and privileges of Fannie Mae, and of any director of Fannie Mae with respect to Fannie Mae and its assets. Accordingly, the Board of Directors no longer had the power or duty to manage, direct, or oversee the business and affairs of Fannie Mae. On November 24, 2008, FHFA, as Conservator, reconstituted Fannie Mae's Board of Directors and directed Fannie Mae regarding the function and authorities of the Board of Directors. The directors of Fannie Mae shall serve on behalf of the Conservator and shall exercise their authority as directed by the Conservator.

By charter, our board is made up of 13 members or such other number that the Director of FHFA determines appropriate. FHFA has directed that our board will have a minimum of nine and not more than 13 directors.

Dennis R. Beresford
Ernst & Young Executive Professor
of Accounting,
The J.M. Tull School of Accounting
University of Georgia
An educational institution
Athens, GA
Mr. Beresford initially became a director in May 2006, before we were put into conservatorship, and FHFA appointed him to Fannie Mae's Board in December 2008

William Thomas Forrester
Former Chief Financial Officer,
The Progressive Corporation
An auto and property-casualty insurance company
Sarasota, FL
Board member since 2008

Brenda J. Gaines
Former President and
Chief Executive Officer,
Diners Club North America
A subsidiary of Citigroup
Chicago, IL
Ms. Gaines initially became a director in September 2006, before we were put into conservatorship, and FHFA appointed her to Fannie Mae's Board in December 2008

Charlynn Goins
Former Chairman of the Board of Directors,
New York City Health and Hospitals Corporation
A municipal hospital and health care system
New York, NY
Board member since 2008

Frederick B. "Bart" Harvey III
Former Chairman of the Board of Trustees of Enterprise Community Partners
A national nonprofit
Columbia, MD
Mr. Harvey initially became a director in August 2008, before we were put into conservatorship, and FHFA appointed him to Fannie Mae's Board in December 2008

Philip A. Laskawy, Chair
Non-Executive
Chairman of the Board,
Fannie Mae
Former Chairman and
Chief Executive Officer,
Ernst & Young
A professional services firm
Greenwich, CT
Mr. Laskawy initially became a director and Chairman of Fannie Mae's Board in September 2008

Egbert L. J. Perry
Chairman and Chief Executive Officer,
Integral Group LLC
A real estate advisory, investment management, and development company
Atlanta, GA
Board member since 2008

Jonathan Plutzik
Former Vice Chairman,
Credit Suisse First Boston
A global financial services group
New York, NY
Board member since November 2009

David H. Sidwell
Former Chief Financial Officer and Executive Vice President,
Morgan Stanley
A global financial services firm
New York, NY
Board member since 2008

Michael J. Williams
President and
Chief Executive Officer
Fannie Mae
Potomac, MD
Board member since 2009


Originally Published: December 24, 2008
Last Revised: November 23, 2009