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Federal National Mortgage Association (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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):   September 3, 2009

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 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
3900 Wisconsin Avenue, NW, Washington, District of Columbia   20016
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   202-752-7000

Not Applicable
______________________________________________
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:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 Other Events.

On September 4, 2009, Fannie Mae (formally known as the Federal National Mortgage Association) announced that it had received notice on September 3, 2009 from the New York Stock Exchange (the "NYSE") that the company has returned to compliance with the NYSE's minimum share price continued listing requirement because the average share price of Fannie Mae's common stock during the 30 trading days ended on August 31, 2009, and its closing share price on that date, both were more than $1.00.

As a result, the NYSE will discontinue dissemination of the ".BC" indicator on the NYSE website and exchange listing.





Item 9.01 Financial Statements and Exhibits.

A copy of the news release announcing Fannie Mae's return to compliance with the NYSE's minimum share price continued listing requirement is attached as Exhibit 99.1 to this report and incorporated herein by reference.





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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
          
September 4, 2009   By:   /s/ Sylvia M. Mahaffey
       
        Name: Sylvia M. Mahaffey
        Title: Vice President and Deputy General Counsel

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  News Release, dated September 4, 2009
EX-99.1

Resource Center: 1-800-732-6643

Contact: Brian Faith

      202-752-6720

Number: 4796

Date: September 4, 2009

Fannie Mae Regains Compliance with NYSE Minimum Price Listing Standard

WASHINGTON, DC — Fannie Mae (FNM/NYSE) yesterday received notice from the New York Stock Exchange (NYSE) that the company has regained compliance with the NYSE’s minimum price standard for continued listing of its common stock.

On November 12, 2008, the NYSE notified Fannie Mae that it had failed to satisfy one of the NYSE’s standards for continued listing of its common stock because the average closing price of its common stock during the 30 preceding trading days had been less than $1.00 per share. Applicable NYSE rules and procedures provided the company with a cure period that would expire on October 15, 2009, as a result of the NYSE’s temporary suspension of its minimum price listing requirement earlier this year.

Fannie Mae regained compliance with the NYSE’s minimum price listing standard after its closing share price on August 31, 2009 and its average closing price for the 30 days of trading that ended on August 31, 2009 were both at least $1.00.

# # #

Fannie Mae exists 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 enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.