Overview
- Fannie Mae confirmed it will relocate its San Francisco office to Birmingham in 2026, following public disclosure by Sen. Tommy Tuberville.
- Company statements reported by Alabama media say a Birmingham office is planned to open in early 2026 to cut costs and strengthen service in the Southeast.
- The company has not detailed job impacts, staffing changes, or space arrangements, and local reports say San Francisco employees will not be required to relocate.
- Tuberville said he worked with President Trump and federal housing director Bill Pulte on the move and characterized it as a jobs win for Alabama.
- Alabama leaders praised the announcement, while the Federal Housing Finance Agency and Birmingham officials said they have no additional information to release.