Greg C. Smith has been elected to the board of directors of Fannie Mae and appointed to the board's audit and compensation committees.Mr. Smith, 53, is executive vice president of Ford Motor Co. and its president for the Americas. He has been with Ford since 1973, and has held executive posts that included chairman and chief executive officer of Ford Motor Credit Co., Fannie Mae reported. The government-sponsored enterprise can be found online at http://www.fanniemae.com.

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