Fannie Mae relocating California office to Alabama early next year

Fannie Mae is closing its San Francisco office and opening a new office in Birmingham, Alabama, with the Alabama location expected to open in early 2026 rather than this coming year.​​

What is happening

U.S. Sen. Tommy Tuberville and federal housing officials have announced that Fannie Mae will relocate its San Francisco office to the Birmingham area, adding a new Alabama site to the mortgage giant’s national footprint. Fannie Mae’s headquarters remains in Washington, D.C.; this is an office relocation, not a headquarters move.​

Timing and jobs

Local reporting indicates the Birmingham office is projected to open in early 2026, described as “next year” in coverage dated December 11, 2025. Officials and Tuberville have said the move is expected to create “hundreds” of jobs in Alabama, though no exact job count or staffing plan has been released yet.​​

Why move from California to Alabama

Fannie Mae representatives have said the relocation from San Francisco is intended to reduce operating costs and improve service and access for lenders in the Southeast region. Supporters of the move, including Senator Tuberville and housing officials in the Trump administration, also frame it as bringing a major financial presence and new economic activity back to the Birmingham area.​​

What is not confirmed

Public statements and local coverage so far do not spell out whether Fannie Mae will use an existing building or construct a new facility in Birmingham, saying it is too early for that level of detail. There is also no official breakdown yet of which functions or how many specific roles from the San Francisco operation will be reassigned, eliminated, or converted to remote work as part of the relocation.​