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Shots Fired at Home of Indianapolis Lawmaker Who Supported Data Center Construction Project
The home of an Indianapolis lawmaker who voted in favor of a data center development was riddled with bullets on Monday morning while a note was left under his doormat that read “No Data Centers.” WXIN reports City-County Councilor Ron Gibson’s home was the target of...
Shots Fired at Home of Indianapolis Lawmaker Who Supported Data Center Construction Project
City-County Councilor Ron Gibson voted in favor of constructing a $500 million data center in Indianapolis’ Martindale-Brightwood neighborhood. Continue Reading Shots Fired at Home of Indianapolis Lawmaker Who Supported Data Center Construction Project
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
St. Louis Contractor Sentenced to 3 Years for Pandemic Loan Fraud
A St. Louis-area contractor who fraudulently obtained $1.7 million in pandemic loans was sentenced to three years in prison and ordered to repay the money. Coretta “Cory” Elliott owned and operated CMT LLC, a contractor that provided commercial construction,...
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
Illinois Gov. JB Pritzker sought to belittle efforts by Indiana lawmakers to lure the Chicago Bears to their state, accusing the state of dumping a new wave of taxes on residents without seeking their approval. TheIllinoize.com reports Pritzker highlighted reports...
News & Current Events
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
The guilty plea would not affect the civil lawsuit brought against him by the Securities and Exchange Commission. Continue Reading NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
American Express to Build 55-Story HQ at World Trade Center Site
Construction will begin this spring, with completion expected by 2031. Continue Reading American Express to Build 55-Story HQ at World Trade Center Site
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Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Reagan and Gorbachev met for the first time at Villa Fleur d’Eau, which many historians pegged as the beginning of the end of the Cold War. Continue Reading Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Former Fannie Mae President David Benson Returns as Senior Adviser
Pulte did not elaborate what duties Benson will be handling at Fannie Mae. Continue Reading Former Fannie Mae President David Benson Returns as Senior Adviser
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes