Well, well, well…
Fox News fake news reporter Sean Hannity has been linked to some shell companies that have spent $90 million to buy hundreds of foreclosured (repossessed) houses across the U.S. And the U.S. Department of Housing and Urban Development (HUD) helped him, The Guardian reported Sunday.
From The Hill.
More than 870 homes in seven different states have been purchased over the past decade, ranging from large mansions to rentals for low-income families, according to the newspaper.
For some of the mortgages, Hannity reportedly obtained funding from HUD under the National Housing Act loan program, which was first guaranteed under President Obama’s administration.
Secretary Ben Carson’s department recently increased Hannity’s original $17.9 million mortgage for purchases in Georgia by an additional $5 million, records obtained by the Guardian show.
Here’s the problem. As noted by The Guardian, Hannity never disclosed his cooperation with HUD when Carson was on his pathetic show last June.
Instead, he railed against the state of public housing and even praised Carson: “You’ve done a good job.”
“I like the idea of them owning the place,” Hannity said of people who receive housing assistance from Carson’s agency.
“Well, that’s the real ideal,” said Carson.
The real estate revelations have been exposed a few days after his relationship with Michael Cohen was revealed. Cohen is Trump’s personal attorney and is under criminal investigation.
“I’ve said many times on my radio show: I hate the stock market, I prefer real estate. Michael knows real estate,” Hannity said on television, a few hours after the dramatic hearing in Manhattan, where Cohen is under criminal investigation.
Naturally, spokespeople for HUD and Fox News outright declined to comment on the real estate exposure when contacted by The Guardian.
Hannity’s real estate attorney Christopher Reeve’s excuse was that Hannity’s property holdings were “highly confidential” and irrelevant to the public.
“I doubt you would find it very surprising that most people prefer to keep their legal and personal financial issues private,” Reeve told the newspaper. “Mr Hannity is no different.”
Via The Guardian:
The records link Hannity to a group of shell companies that spent at least $90m on more than 870 homes in seven states over the past decade. The properties range from luxurious mansions to rentals for low-income families. Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them.
Dozens of the properties were bought at a discount in 2013, after banks foreclosed on their previous owners for defaulting on mortgages. Before and after then, Hannity sharply criticised Barack Obama for the US foreclosure rate. In January 2016, Hannity said there were “millions more Americans suffering under this president” partly because of foreclosures.
The shell companies Hannity is associated with are registered to the offices of Henssler Financial, which is a wealth management firm. And guess what? As it turns out, Hannity has had one of the firm’s principals, Bill Lako, on his show as an “expert on money issues.”
The holdings Hannity is linked to are spread out over shell companies that were formed in Georgia, with names that combine the initials of his children. The companies have bought dozens of properties in Florida, Alabama, North Carolina, Georgia, New York, Texas, and Vermont. You can read all of the specific details at The Guardian.
Although he didn’t reveal info about the shell companies, Hannity did disclose on the Lako segment that he was a client of Henssler’s and joked that they took him on as a “charity case.” Here is his net worth, and if he really thinks he’s a “charity case,” then he’s as grossly out of touch as most of the rest of our nation’s wealthy people.
And he apparently has a jet and a heck of lot of other expensive stuff.
anyway i'll gladly take hannity's jet and he can come live in my apartment. rent's due in about 4 days.
— Trevor J. Mitchell (@TJM613) September 28, 2016
Hannity, who has accused some in the media as “overpaid” elites, has a private jet, a $3.4 million Long Island mansion, and a $5 million penthouse condo in Florida.
But as my hubby said: “It’s only a SMALL jet, baby.” Ha.
Oh, Sean….it will be so delicious to watch you go down in flames, you pathetic weaseling piece of human waste.