Corruption

Sean Hannity is Just Another Fake Anti-Government Grifter

JM Ashby
Written by JM Ashby

When Trump's longtime thug and henchmen Michael Cohen was forced to reveal in court that his short list of clients includes Fox News host Sean Hannity, Hannity downplayed their relationship and claimed that he only turned to Cohen for real estate advice.

That sounds innocent enough until you take stock of exactly of what kind of real estate business Cohen has been involved in.

The Guardian did some digging into Sean Hannty's real estate portfolio and found that he is the hidden owner behind a number of shell companies that have been used to buy nearly a thousand properties including properties that are insured by the federal government.

Among the most valuable are two large apartment complexes in Georgia that Hannity bought in 2014 for $22.7m. The developments are in the cities of Perry and Brunswick, which have higher poverty rates and lower median incomes than the US averages. One- and two-bedroom units in Hannity‍‍‍’s apartment complexes are available to rent for $735 to $1,065 per month, according to brochures.

The Georgia purchases were funded with mortgages for $17.9m that Hannity obtained with help from Hud, which insured the loans under a program created as part of the National Housing Act. The loans, first guaranteed under the Obama administration, were recently increased by $5m with renewed support from Carson’s department. [...]

Late last month, Hannity’s mortgages were replaced with loans for $22.9m that were rewritten with Carson’s Hud and a new bank. There was no indication that Carson was personally involved in the process. Carson does, however, have the authority to allow Hannity from 2019 to convert the rental complexes into condominiums for sale, which could be lucrative for the television host.

Sean Hannity can be counted among the political talk show hosts who spent a significant amount of time attacking the Obama administration over the foreclosure crisis that was precipitated by the Bush administration, but documents reviewed by the Guardian show that Hannity has gobbled up a number of homes that were repossessed by banks in foreclosure.

In total, the Guardian found that shell companies linked to Hannity have purchased at least 870 homes over the past decade and, obviously, that time span includes the entire Obama administration.

I don't know if you could say Sean Hannity is secret slum lord, but he's something close to it. It appears his shtick is buying homes and properties in low-income neighborhoods and flipping them for a profit and at least some of those properties are subsidized by the Department of Housing and Urban Development.

Stormy Daniels' lawyer Michael Avenatti said over the weekend that the Sean Hannity's relationship with Michael Cohen is far more extensive than they've revealed to the public. He either knew this was coming or, like most of us, he justifiably suspects the worst.

  • muselet

    I don’t have any real problem with Sean Hannity investing in real estate in lower- and middle-income areas. I don’t have any real problem with Sean Hannity getting NHA loan guarantees to fund his real estate purchases.

    I do have a real problem with Sean Hannity doing real estate deals through shell companies. I do have a real problem with Sean Hannity getting a sweetheart deal from HUD.

    I’ll predict that the connections between Sean Hannity and Michael Cohen will turn out to be extensive, and that real estate is the least of those connections.

    –alopecia

  • 1933john

    For some reason, when I see the face of this
    guy, it makes me think of the “child molester”
    of old that my mother warned me about.

  • Aynwrong

    Is there no limit to the hypocrisy on the Right (rhetorical question, obviously)?!?

    The saddest part is that this revelation will not change the mind of even one of the Fox News watching faithful. There was interview conducted by Chris Hayes shortly after Trump won with a woman who lost her home as result of the mortgage crisis. She had done nothing wrong. She paid her mortgage on time but because of the bundling practice with which her mortgage was handled she lost her home which was then bought by Steve Mnuchin’s company. She lost everything. All of this happened before the election of 2016. She was fully aware of who and what Mnuchin was and that he was advising the Trump campaign and she voted for Trump anyway. When Hayes asked her why she said that voting for Hillary Clinton simply “wasn’t an option” and she even insisted on calling him Mr Trump and asked to do “the right thing” whatever the hell that is.

    These people are beyond saving.

    • muselet

      Whether she realizes it or not, Teena Colebrook got exactly what she voted for. I’m sorry she got reamed by Steve Mnuchin and his fellow vulture capitalists, but she can’t claim to have been surprised by anything the Trump administration has done since January of 2017.

      –alopecia

  • David Greenberg

    Rancid. I can’t think of five republicans with whom I would shake hands. There appears to be a decency gene missing.