Trump’s MAGA Mortgage: House Loans or Meme Stock?
In a plot twist that sounds like Elon Musk memed a finance class, President Trump floated merging mortgage giants Fannie Mae and Freddie Mac into a single powerhouse ticker called 'MAGA.' According to Axios, Trump 'was weighing all options,' including selling them as one entity to raise tens of billions. On Truth Social, he shared an AI-generated image of himself ringing the NYSE bell for 'The Great American Mortgage Corporation' slated for November 2025. How this will work? Nobody knows. The government hasn't commented, but one thing's clear: Trump keeps spinning the government mortgage circus like it’s his personal reality show.
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(1 of 3)Source: Axios | Published: 8/10/2025 | Author: Ben Berkowitz
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