D.C.’s Waldorf Astoria slated for foreclosure sale, again

Electric vehicle maker Waev Inc. on Wednesday sued the US Department of the Treasury and the IRS for creating a final rule that excluded the company’s low-speed GEM line of electric cars from the Inflation Reduction Act’s EV tax credit program.

U.S. foreclosure activity rises in Q1 2024, with starts up 2% and bank repossessions climbing 7%. Market dynamics show subtle shifts.

The hotel was spared from the auction block in June but is again slated to be sold.