Appointment of Henry C. Cashen II as a Member of the Board of Directors of the Federal National Mortgage Association

The President today announced his intention to appoint Henry C. Cashen II as a member of the Board of Directors of the Federal National Mortgage Association for a term ending on the date of the annual meeting of the stockholders in 1990 (Public Member). This is a reappointment.

Since 1973 Mr. Cashen has served as an attorney at Dickstein, Shapiro, and Morin in Washington, DC. Prior to this, he served as Deputy Assistant to the President and White House Liaison with the Public Sector, 1970 - 1973; Deputy Counsel to the President at the White House, 1969 - 1970; and attorney with Dickenson, Wright, McKean and Cudlip in Detroit, MI, 1964 - 1969.

Mr. Cashen graduated from Brown University (A.B., 1961) and the University of Michigan Law School (J.D., 1963). He was born June 25, 1939, in Detroit, MI. He is married, has three children, and resides in Washington, DC.