Home purchase applications plunge to 28-year low as mortgage rates jump
Bullseye American Ingenuity Fund Portfolio Manager Adam Johnson and Pain Capital Management President Ryan Payne discuss the outlook for the housing market, the retail industry and the recession outlook. A key measure of home applications fell to its lowest level since 1995 last week. high mortgage interest ratessharp inflation and skyrocketing house prices reduced consumer […]
Maine man pleads guilty to submitting fraudulent Paycheck Protection loan applications
A Maine man pleaded guilty to filing a fraudulent Paycheck Protection Program loan application and received over $1 million. Part of it was used for the down payment on the yacht. Lockport’s Mark X. Haley II, 42, used false employee and salary information and submitted fraudulent documents to support an application for a company he […]