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Fox News host Sean Hannity allegedly received help from the US Department for Housing and Urban Development to carry out multimillion dollar real estate deals, according to a report by The Guardian.The Guardian reported Sunday that Hannity is linked to a web of shell companies that spent at least million buying more than 870 homes across seven states over the past 10 years. The newspaper said it reviewed thousands of pages of public records to piece together Hannity's alleged property portfolio.The Fox News host bought two apartment complexes in Georgia in 2014 for .7 million, according to The Guardian. It reported that HUD helped him get mortgages worth .9 million to fund the purchases by insuring the loans under a National Housing Act program.Hannity didn't mention this link to the department when he interviewed HUD Secretary Ben Carson on Fox News in June 2017.The Guardian reported that some of the properties Hannity acquired were purchased "after banks foreclosed on their previous owners for defaulting on mortgages." The purchases were spread across states including Alabama and New York, according to the report."Hannity is the hidden owner behind some of the shell companies and his attorney did not dispute that he owns all of them," the Guardian reported. The newspaper said those shell companies are limited liability companies, which are "popular among well-known figures such as Hannity who wish to keep their business arrangements private."In an email to The Guardian, Hannity real estate attorney Christopher Reeves said the transactions were highly confidential and said, "most people prefer to keep their legal and personal financial issues private. Mr Hannity is no different." (Reeves is married to a CNN executive.)In a statement Monday morning, Hannity said, "It is ironic that I am being attacked for investing my personal money in communities that badly need such investment and in which, I am sure, those attacking me have not invested their money." He denied having any role in HUD's involvement in the investment."The fact is, these are investments that I do not individually select, control, or know the details about; except that obviously I believe in putting my money to work in communities that otherwise struggle to receive such support," Hannity said.Last week, it was revealed in court that Hannity is a client of President Donald Trump's personal lawyer Michael Cohen, a relationship the Fox News commentator hadn't previously disclosed.Following that revelation, Hannity said that he never retained Cohen "in the traditional sense" and that their conversations were "almost exclusively about real estate."Fox News said last week that it had been "unaware of Sean Hannity's informal relationship with Michael Cohen." It said it reviewed the matter and spoke to Hannity, who "continues to have our full support." 2884
For most of the pandemic, people have enjoyed record low interest rates, making way for a boom in mortgage refinancing. But experts say the upcoming election could have a major impact on whether those rates stay low."I think for a lot of reasons there will be even more volatility. You have the backdrop of the pandemic, you have quite a rivalry," said Josh Stech, Co-founder and CEO of Sundae, a company that helps people with homes in bad condition get their properties sold. Stech says the pandemic has created even more of a wedge between the two parties and interest rates will be impacted."I would say that we’re cautiously optimistic that we’ll see a strong 2021 regardless of who wins but there’s always that looming uncertainty of who wins and also what policies that follow that, that could impact unemployment, that could impact tax rates, that could just change consumer behavior again," said Stech.Matthew Garcia, a Senior Loan Officer with Supreme Lending, says historically, interest rates waver before an upcoming presidential election. "Last election in 2016, rates were in the lower threes. Literally, two to three days later rates went into the fours. That’s how violent and how rapid interest rates can move. A lot of folks', mistakes people make is they think the government makes interest rates. They don't. Interest rates for mortgages are controlled by bond market activity," said Garcia. Specifically, Garcia says, treasury bonds and mortgage-backed securities."Now, at some point, depending on what the next president decides to do, if that affects monetary policy by the Fed(eral Reserve) and the Fed has already come out and said we don't plan on changing anything but the president has the ability to influence that. If they make a decision that could ultimately affect what the Fed’s decision on monetary policy is, we would see a rapid increase in interest rates according with that," said Garcia.Another potential big influence on interest rates? "If COVID-19 is cured, you’re going to see rates spike overnight. Or any kind of change in economic policy or even, too, the economy itself being affected by COVID has the potential to drive interest rates a lot higher. So, there’s definitely on the horizon two major components, the election and COVID cure that are going to affect interest rates going forward," said Garcia.Garcia says it's best to take advantage of interest rates while they're low. Experts recommend speaking to a loan officer or financial advisor before taking out a loan. 2531

Frank Avruch, who was best known for playing Bozo the Clown, died Tuesday at the age of 89, according to his manager Stuart Hersh."While it's hard to say goodbye, we celebrate the legacy of joy and laughter he brought to millions of children around the world as Bozo the Clown on TV and as a UNICEF Ambassador and later as host of Channel 5's Great Entertainment and Boston's Man About Town," a statement from Avruch's family read. "Our dad loved the children of all ages who remembered being on his show and was always grateful for their kind words. We will miss him greatly."Bozo made his television debut in 1949, portrayed by Pinto Colvig. In 1965, "Bozo's Big Top" became a syndicated series in local markets across the country.Avruch played Bozo from 1959 to 1970 and was the first nationally syndicated version of the clown. Other performers of the popular character were Willard Scott, Bob Bell and Joey D'Auria.Avruch worked at WCVB in Boston for more than 40 years and was inducted into the National Television Academy's Gold Circle."He had a heart of gold," Hersh said in a statement to CNN. "He brought the Bozo the Clown character to life better than anyone else's portrayal of Bozo the Clown."Avruch is survived by his wife, Betty and their two sons.The-CNN-Wire 1284
FORT LAUDERDALE, Fla. — The U.S. set another daily record in new cases of the coronavirus Thursday, according to a database kept by Johns Hopkins.The U.S. as a whole reported about 52,300 new cases of the virus on Thursday. Of those cases, about 25,000 were reported in four states: Arizona, California, Florida and Texas.According to Johns Hopkins, the U.S. has set a daily record in new COVID-19 cases in five of the last nine days.All but 10 U.S. states are showing an increase of confirmed cases over the last 14 days, according to data compiled by the COVID Tracking Project. Nebraska and South Dakota were the only states outside the Northeast with a decrease in cases, but those states are also recording higher positive test rates. 748
Freeform released its full lineup of Christmas films Wednesday for the channel's annual 25 Days of Christmas.The list includes several holiday classics and even some newcomers that will have you wishing it was already December.Here's the complete list: 265
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