UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): April 19, 2004

Federal National Mortgage Association
(Exact name of registrant as specified in its charter)

Fannie Mae

Registrant’s telephone number, including area code: 202-752-7000

Item 9. Regulation FD Disclosure.

     On April 19, 2004, Fannie Mae (formally, the Federal National Mortgage Association), issued its monthly financial summary release for the month of March 2004, a copy of which is furnished as Exhibit 99.2 to this report, and which is incorporated herein by reference.

Item 12. Results of Operations and Financial Condition.

     On April 19, 2004, Fannie Mae issued a press release relating to the Company’s earnings for the first quarter of fiscal year 2004. A copy of the press release is furnished as Exhibit 99.1 to this Report, and is incorporated herein by reference.

     The information furnished under “Item 9. Regulation FD Disclosure” and “Item 12. Results of Operations and Financial Condition”, including the exhibits related hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any disclosure document of the Company, except as shall be expressly set forth by specific reference in such document.

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.

Date: April 19, 2004

EXHIBIT INDEX

     The following is a list of the Exhibits furnished herewith.