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)Trump’s plan to turn mortgage giants into 'MAGA' stock is peak 2020s finance: equal parts Hoovervilles and Twitter rage but now listed on the NYSE. Bet the shareholders want to know if the Hail Mary includes a government bailout or just retro MAGA hats.
Selling Fannie and Freddie as 'MAGA' is like rebranding a Halloween costume store as a supervillain's lair. Risky, confusing, and probably will implode with fireworks.
Imagine merging Fannie Mae and Freddie Mac, slapping 'MAGA' on it, and calling it the 'Great American Mortgage.' Sounds like Donald just minted a government-backed crypto meme.
Source: Axios | Published: 8/10/2025 | Author: Ben Berkowitz
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