A folded wall anchor and an anchoring system employing the same are disclosed. The anchor is a folded sheetmetal construct utilizable with various wire formative veneer ties. The folded wall tie enables the junctures of the legs and the base of the wall anchor to be located inboard from the periphery of the wall anchor. Upon installation with the surfaces of the enfolded leg and of the base coplanar, the leg insertion point is sealed thereby. This sealing precludes penetration of air, moisture, and water vapor into the wall structure. Various embodiments showing wall anchor configurations with suitable veneer ties are provided.