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 shell companies used to buy the properties are limited liability companies (LLCs). But the television host didn't disclose that fact in June when he had HUD Secretary Ben Carson on air and praised his department's and the Trump administration's privatization proposals.
According to the report, HUD recently increased Hannity's original $17.9 million mortgage for purchase in Georgia by an additional of $5 million.
Sean Hannity's net worth includes almost $100 million worth of real estate that he helped buy, sell, or manage with the help of Trump attorney Micheal Cohen, whose office was recently raided by the FBI, The Guardian is reporting.
Hannity also railed against the state of public housing and made the false claim that home ownership was at a 51-year-low, the Guardian reported.
"I doubt you would find it very surprising that most people prefer to keep their legal and personal financial issues private", Reeves wrote. In January 2016, Hannity said there were "millions more Americans suffering under this president" partly because of foreclosures.
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"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".
He insisted that Cohen only briefly consulted on real estate matters.
Hannity is the hidden owner behind some of these shell companies, a fact his attorney did not dispute in a statement to the newspaper.
Perhaps that's why Fox News is now acting as Hannity's PR agent. Around that time, Hannity had sharply criticized former President Barack Obama for the rate of US foreclosures, and he did not disclose his financial dealings with HUD during an interview previous year with HUD Secretary Ben Carson in which he complained about the state of public housing. Visit MarketWatch.com for more information on this news.