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A former Florida corrections officer could face up to 20 years in federal prison after he was indicted for wire fraud in an alleged COVID relief fraud case.
According to the DOJ, Burke received a PPP loan for $20,415. After receiving the money into his bank account, Burke began making withdrawals and spending it on personal expenses including paying off a loan for a motorcycle.
The following discussion and analysis should be read in conjunction with the Company's consolidated financial statements and the notes thereto presented elsewhere herein. The discussion of results... | March 30, 2023
Years on a trading desk and hedging locked pipelines teaches one that different things move bonds at different times. Right now, rates are still being driven by pandemic news… Yes, rates went up yesterday and this morning, but up until then, many analysts found it odd that the bond market, which drive mortgage rates, continued to seem to shrug off inflation news. The old adage, “Don’t fight the Fed” is true. The Fed has made its intentions clear, and no, rates don’t move up or down in a straight line, but no one should be surprised if mortgage rates are highe...