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Sean Hannity is the owner of property empire buying foreclosed homes

23 April 2018

The head of the conservative watchdog group commented on his personal Twitter account Sunday about an article in The Guardian reporting on some of Hannity's private real estate investment loans being guaranteed by the U.S. Department of Housing and Urban Development. The cable news titan is linked through the records to a number of shell, limited liability companies that spent at least $90 million on more than 870 properties spread over seven states during the past decade. Hannity has acquired hundreds of properties, using shell companies, across the USA over the last decade.

"He also declined to note his financial interest when he hosted Carson on Fox News last June for a discussion about Hud and housing", Swaine wrote.

Dozens of the properties were bought at a discount in 2013, after banks foreclosed on their previous owners for defaulting on mortgages.

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According to the report, HUD recently increased Hannity's original $17.9 million mortgage for purchase in Georgia by an additional of $5 million.

Last week, it was revealed in federal court that Hannity is a client of President Donald Trump's personal lawyer Michael Cohen - something he never disclosed on his Fox program as he blasted an FBI raid on Cohen's home and office. Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them.

"I don't know that there's anything nefarious that went on between Mr. Hannity and Mr. Cohen, or that there was any NDA-type involvement or anything of that nature".

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The 20 shell companies tied to Hannity were formed in Georgia and have been used to purchase properties in Alabama, Florida, Georgia, New York, North Carolina, Texas and Vermont. Many were in low-income neighborhoods, which Hannity's companies purchased out of foreclosure. HANNITY did not disclose his relationship with HUD when he praised HUD Secretary Dr.

Hannity failed to disclose his relationship with Cohen, despite using his show to promote the president and defend Cohen multiple times.

Cohen arranged a $130,000 payment to the porn star Stormy Daniels shortly before the 2016 election to ensure her silence about an alleged affair she says she had with Trump in 2006.

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He insisted that Cohen only briefly consulted on real estate matters.

Sean Hannity is the owner of property empire buying foreclosed homes