FANNIE MAE BYLAWS
As amended through February 29, 2008
Article 1: General Provisions
Section 1.01 . Name. The name of the corporation is Federal National Mortgage Association. The corporation
may also do business under the name Fannie Mae.
Section 1.02 . Principal Office and Other Offices. The principal office of the corporation shall be in the District
of Columbia. Other offices of the corporation shall be in such places as may be deemed by the Board of
Directors or the Chief Executive Officer to be necessary or appropriate.
Section 1.03 . Seal. The seal of the corporation shall be of such design as shall be approved and adopted from
time to time by the Board of Directors, and the seal or a facsimile thereof may be affixed by any person
authorized by the Board of Directors or these Bylaws by impression, by printing, by rubber stamp, or otherwise.
Section 1.04. Fiscal Year. The fiscal year of the corporation shall end on the 31st day of December of each
Section 1.05. Corporate Governance Practices and Procedures. Pursuant to Section 1710.10(b) of the
Office of Federal Housing Enterprise Oversight (“OFHEO”) corporate governance regulation, 12 CFR 1710.1
et seq., to the extent not inconsistent with the Charter Act and other Federal law, rules, and regulations, the
corporation has elected to follow the applicable corporate governance practices and procedures of the Delaware
General Corporation Law, as the same may be amended from time to time. The inclusion of Sections 1.01, 1.02,
1.05, 2.01, 2.02, 2.03, 2.10, 3.08(b), 3.08(c), 4.01, 4.02, 4.03 and 4.18, Articles 6, 7 and 8, and any new
bylaw which may be adopted from time to time and designated as a “Certificate Provision” in accordance with
Section 7.01 (collectively, the “Certificate Provisions”) in these Bylaws shall constitute inclusion in the
corporation’s “certificate of incorporation” for all purposes of the Delaware General Corporation Law. The
inclusion in these Bylaws of bylaws that are not Certificate