Roundup: Nicholson Lake / Acadian Ambulance / Mortgage rates

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Residents concerned: Some Nicholson Lake residents worry that their HOA fees will be lost after the homeowners association was dissolved, leaving a sole member whom residents say they are having trouble contacting. In addition, the company that manages the HOA’s funds is dissolving its contract, writing in a letter that it disagrees with how the neighborhood is being run. Read more from WBRZ-TV. 

Post-hack fallout: A rash of class-action lawsuits are emerging in federal court against Acadian Ambulance, less than two weeks after the medical transport company announced that protected patient health information was accessed by a hacker earlier this year. Read more from WVLA-TV. 

Sharp drop: The interest rate on 30-year fixed-rate home mortgage loans plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy rate next month. The average contract rate on a 30-year loan dropped 27 basis points last week, to 6.55%, the Mortgage Bankers Association said on Wednesday. That’s the lowest rate since May 2023, and the sharpest drop in two years. Read more from Reuters. 

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