Senator Tuberville announces relocation of Fannie Mae offices to Alabama
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Senator Tuberville announces relocation of Fannie Mae offices to Alabama. BIRMINGHAM, Ala. (WBRC) - Alabama Senator Tommy Tuberville announced news on his Facebook about the possibility of new jobs moving into Alabama soon. On Thursday, Dec. 11, Tuberville shared that he has been working with President Donald Trump and Federal Housing Authority Director Bill Pulte to move the offices of Fannie Mae from California to Alabama. "There are great jobs coming to the state that will help reestablish Birmingham as one of the leading financial hubs of the South," said Tuberville. He stated in a call that he wants Fannie Mae to relocate to Birmingham. According to Tuberville, Fannie Mae is one of the largest mortgage financers in the world. He says this move is an early Christmas present for Alabamians. Tuberville also said in a call that he does not believe there will be any legal challenges with the move. "We'll have more announcements soon, but know that my priorities now, and in the coming years will be creating more opportunities to keep our kids in the state, raising the standard of living, all while keeping the cost of living down," said Tuberville. WBRC reached out to the city of Birmingham. They said they have no details on the move. WBRC confirmed that Fannie Mae's San Francisco office will relocate to Alabama with the goal of reducing cost and improving service in...
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