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Press Release

Fannie Mae Issues Third-Party-Origination Statistics for Its MBS

July 31, 2007

Jason Lobo

202-752-1692

WASHINGTON, DC -- Fannie Mae (FNM/NYSE) today announced that it will provide third-party-origination (TPO) statistics at the pool level for substantially all of its Single-Family mortgage-backed securities (MBS) beginning with September 2007 issuances. By year-end, the company will expand the at-issuance TPO statistics to include all Single-Family MBS and will provide the same information for on-going disclosure.

The company said that for each new issue MBS it will provide the unpaid principal balance percentage (UPB) of the underlying collateral originated by a third party as well as a table specifying the number of loans, percent of UPB, and aggregated UPB originated as retail, broker and correspondent lender. This new information will be provided in the at-issuance disclosure in the prospectus supplement.

"We are pleased to make this announcement today because it underscores Fannie Mae's commitment to providing MBS investors and others with additional information, in particular TPO, that might be useful in evaluating their investments," said Maria Schultz, vice president, MBS Program Office.

For more details regarding this disclosure, please see our
MBSenger newsletter.

Fannie Mae is a shareholder-owned company with a public mission. We exist to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lendto home buyers at low rates. Our job is to help those who house America.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in the applicable offering documents, and no reliance may be placed on the completeness or accuracy of the information contained in this press release.

You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.