Fox News host Sean Hannity profited from buying hundreds of homes across the U.S through the help of foreclosures and the US Department of Housing and Urban Development (HUD), the Guardian reported Sunday. BEN CARSON on his shows and interviewed CARSON on his TV show last JUNE.
Records show that Hannity used multiple LLCs to build a real estate portfolio with at least 877 residential units that he bought for a total of almost $89 million, the Guardian reported. Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them.
The companies came to light in the wake of the revelation that Hannity sought legal guidance from Michael Cohen, the embattled longtime personal lawyer to President Donald Trump. HANNITY was also highly critical of President OBAMA for the foreclosure rate during his administration but did not disclose that he had invested in foreclosures at a discount while criticizing the President for them.
Hannity's mortgages were replaced late last month with $22.9 million in loans that were rewritten with HUD and a new bank.
Hannity is the top-rated prime-time anchor on Fox News, typically drawing more than 3 million viewers a night, and is television's most outspoken supporter of the Trump administration. During that segment, Sean Hannity rallied against the state of public housing and praised Ben Carson, telling him: "You have done a good job". Daniels is suing to void a nondisclosure agreement which refers to a confidentiality agreement brokered by Michael Cohen that prohibits her from speaking publicly about her alleged affair with Trump.
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The Fox News host has denied any formal relationship with Cohen, saying the two spoke about real estate matters.
So far, neither HUD nor Fox News commented on these new details about Hannity and his apparent ethical issues. Numerous properties were bought at discounts in 2013 after foreclosures, and others were bought with funding help from the U.S. Department of Housing and Urban Development, the Guardian said, citing public records.
Hannity's shell companies are registered at Henssler Financial. One of the firm's principals, Bill Lako, appear on Hannity's radio show.
The Guardian noted that Carson was not personally involved in any of Hannity's dealings but does have the power to allow Hannity to convert rental complexes into sellable condos.
Properties are located in Alabama, Florida, Georgia, New York, North Carolina, Texas and Vermont, the Guardian reported.