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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 MErp9P1Y/VmTjETibw6Vwg==

<SEC-DOCUMENT>0001209191-04-006674.txt : 20040204
<SEC-HEADER>0001209191-04-006674.hdr.sgml : 20040204
<ACCEPTANCE-DATETIME>20040204112049
ACCESSION NUMBER:		0001209191-04-006674
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040203
FILED AS OF DATE:		20040204

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
		CENTRAL INDEX KEY:			0000310522
		STANDARD INDUSTRIAL CLASSIFICATION:	FEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES [6111]
		IRS NUMBER:				520883107

	BUSINESS ADDRESS:	
		STREET 1:		3900 WISCONSIN AVE N.W.
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20016
		BUSINESS PHONE:		2027527000

	MAIL ADDRESS:	
		STREET 1:		3900 WISCONSIN AVE N.W.
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FEDERAL NATIONAL MORTGAGE ASSOCIATION
		DATE OF NAME CHANGE:	19950110

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JUSTIZ MANUEL J
		CENTRAL INDEX KEY:			0001013008

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50231
		FILM NUMBER:		04565355

	BUSINESS ADDRESS:	
		STREET 1:		C/O WACKENHUT CORP
		STREET 2:		4200 WACKENHUT DRIVE #100
		CITY:			PALM BEACH GARDENS
		STATE:			FL
		ZIP:			33410-4243
		BUSINESS PHONE:		4076225656

	MAIL ADDRESS:	
		STREET 1:		C/O WACKENHUT CORP
		STREET 2:		4200 WACKENHUT DRIVE #100
		CITY:			PALM BEACH GARDENS
		STATE:			FL
		ZIP:			33410-4243
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-02-03</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000310522</issuerCik>
        <issuerName>FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE</issuerName>
        <issuerTradingSymbol>FNM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001013008</rptOwnerCik>
            <rptOwnerName>JUSTIZ MANUEL J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FANNIE MAE,</rptOwnerStreet1>
            <rptOwnerStreet2>3900 WISCONSIN AVENUE, NW</rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20016</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-02-03</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>1290.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>78.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3123.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes></footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Iris Aberbach, Attorney-in-Fact for
Manuel J. Justiz</signatureName>
        <signatureDate>2004-02-04</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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