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IU Executive Director Tim Pagliara Submits Comment on FHFA’s Draft Strategic Plan for Fiscal Years 2018-2022

Tuesday, October 17, 2017

To Whom It May Concern, My name is Tim Pagliara, a Fannie Mae and Freddie Mac shareholder and the executive director of Investors Unite, a coalition of individual shareholders in the government sponsored enterprises Fannie Mae and Freddie Mac. I write on behalf of the thousands of members of my organization to implore the Federal […]

The Jig is Up: Shareholder Lawyers Close to Getting a Look at All Documents in Sweep Litigation

Thursday, October 5, 2017

Once again, a federal judge has sent government lawyers a clear message: Stop trying to hide the truth about the Net Worth Sweep. This time, they appear to be out of options. On October 4, U.S. Court of Federal Claims Judge Margaret Sweeney granted a motion to compel the disclosure of documents filed over the […]

Will Congress Ever Listen to Mel Watt?

Monday, October 2, 2017

When Federal Housing Finance Agency (FHFA) Director Mel Watt testifies before the House Financial Services Committee on Tuesday, October 3rd he will almost certainly reiterate that Fannie Mae and Freddie Mac’s lack of buffer capital poses an imminent threat to taxpayers.  Unfortunately to date, his warnings to Congress have fallen on deaf ears. The committee’s […]

Why We Fight On: A Parent’s Lament about the Sweep’s Impact on a Girl’s College Plan

Thursday, September 28, 2017

Anyone who thinks the Net Worth Sweep is just another story of inside-the-Beltway politics, ideology, and clever lawyers battling in court should read an open letter from N. Bradford Isbell, a former Fannie Mae employee and shareholder, about the Sweep’s impact on a family’s college plans for their daughter: “I am a former Fannie Mae […]

Mnuchin Confirms GSE Sweep May Have Funded Obamacare

Monday, May 1, 2017

In an interview on Fox Business News this morning, U.S. Treasury Secretary Steven Mnuchin confirmed stunning reports that officials from the last Administration used the windfall from the Net Worth Sweep of Fannie Mae and Freddie Mac’s profits for “other parts of the government.” Investors Unite noted this intriguing possibility several weeks ago when Dr. […]