Tim Pagliara, author of Another Big Lie: How The Government Stole Billions From The American Dream Of Home Ownership. And Got Caught! exposes 2008 collapse myth.
Tim Pagliara exposes politicians and banking fraud
Tim Pagliara (www.capwealthgroup.com) is ForbesBooks author of Another Big Lie: How The Government Stole Billions From The American Dream Of Home Ownership. And Got Caught! Pagliara is the founder, chairman, and chief investment officer of CapWealth, an independent, SEC-registered investment advisory firm near Nashville, Tenn. He was named by Forbes as the No. 1 financial advisor in Tennessee in 2020. In 2014, Pagliara founded Investors Unite, an organization representing Fannie Mae and Freddie Mac shareholders after the U.S. Treasury Department placed the government-sponsored enterprises into conservatorship. In 2018, Pagliara was named Tennessee’s top financial advisor by both Forbes and Barron’s. He’s appeared in Barron’s Top 1,200 Financial Advisors in six of the past seven years.
To Fannie Mae and Freddie Mac’s Fate?
‘Scapegoats’ Of The 2007-08 Financial Crisis Still Hold The Key To Affordable Mortgages, Author/Wealth Advisor Says
Fannie Mae and Freddie Mac have long been seen as the backbone of the U.S. mortgage market. They are federally backed home mortgage companies, known as government-sponsored enterprises (GSEs) created by the U.S. Congress.
But they were blamed by many critics for the mortgage meltdown and subsequent financial crisis of 2008. Now, over a decade after a takeover by the U.S. Treasury and being placed into conservatorship, the GSEs are still a vital component of America’s access to housing. Their future, though, is uncertain, even as Fannie Mae executives discuss a way out of conservatorship.
The next chapters of the Fannie and Freddie story are crucial because their future could impact yours, says Tim Pagliara (www.capwealthgroup.com), ForbesBooks author of Another Big Lie: How The Government Stole Billions From The American Dream Of Home Ownership. And Got Caught!
“First, the cost of your mortgage could be going up,” Pagliara says. “Fannie Mae and Freddie Mac are the reason you can get a 30-year, fixed-interest mortgage anywhere in the United States. They are the bedrock of the American middle class, the strongest engines of economic equality this country has ever invented.
“But this isn’t just a story about what happened a decade ago; it’s about what’s going to happen over the next few years in regards to being able to secure mortgages. Fannie and Freddie’s fate will determine whether those doors remain open to you and your loved ones. Now this has become a war over the future of home ownership in the United States.”
- What does your book unveil about the 2008 crash? Who was involved?
- Why are we still depending on Fannie Mae and Freddie Mac?
- Why is their fate so crucial to future homeownership in the U.S.?
- What happens to having access to mortgages if Fannie Mae and Freddie Mac get scrapped?
- What are you seeing that happened in 2007 that is happening now?
- What would it mean if Fannie Mae and Freddie Mac remain in government conservatorship for the foreseeable future?
- What does your Investors Unite organization hope to achieve?
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