WASHINGTON — The Federal National Mortgage Association’s San Francisco office will move to Birmingham, U.S. Sen. Tommy Tuberville announced Thursday.

The Alabama office is expected to open next year, Fannie Mae confirmed to Alabama Daily News.

Tuberville said he discussed moving the office from California to Alabama with President Donald Trump and Federal Housing Director Bill Pulte. Alabama’s senior senator called it an “early Christmas present.”

“Relocating Fannie Mae from woke San Francisco to Birmingham will not only save taxpayers money, but it will bring jobs and opportunities to our great state,” Tuberville, R-Ala., told reporters on a call.

“Birmingham used to be the financial capital of the South and this is an important step to making Birmingham boom again.”

Fannie Mae is

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