BIRMINGHAM, Ala. (WBRC) – Alabama Senator Tommy Tuberville introduced information on his Fb about the potential of new jobs shifting into Alabama quickly.
On Thursday, Dec. 11, Tuberville shared that he has been working with President Donald Trump and Federal Housing Authority Director Invoice Pulte to maneuver the places of work of Fannie Mae from California to Alabama.
“There are nice jobs coming to the state that can assist reestablish Birmingham as one of many main monetary hubs of the South,” mentioned Tuberville. He said in a name that he needs Fannie Mae to relocate to Birmingham.
In line with Tuberville, Fannie Mae is likely one of the largest mortgage financers on this planet. He says this transfer is an early Christmas current for Alabamians.
Tuberville additionally mentioned in a name that he doesn’t consider there will likely be any authorized challenges with the transfer.
“We’ll have extra bulletins quickly, however know that my priorities now, and within the coming years will likely be creating extra alternatives to maintain our children within the state, elevating the usual of residing, all whereas protecting the price of residing down,” mentioned Tuberville.
WBRC reached out to the town of Birmingham. They mentioned they haven’t any particulars on the transfer.
WBRC confirmed that Fannie Mae’s San Francisco workplace will relocate to Alabama with the aim of decreasing price and bettering service within the Southeast.
The workplace will seemingly open early 2026 with the transfer starting within the first quarter of the brand new yr. It’s too early to say precisely the place it is going to be positioned, although a search is underway for workplace areas in Birmingham.
WBRC additionally confirmed California workers won’t be required to relocate. Fannie Mae doesn’t disclose regional workplace totals so WBRC was unable to verify job numbers.
Alabama Governor Kay Ivey additionally weighed in on the information.
Consultant Terri Sewell additionally shared the next assertion.
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