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GMAC Made Risky Subprime Mortgage Loans

GMAC is the most recent beneficiary of a government bailout. As the financing arm of General Motors, it supplies funding for auto dealers to buy inventory and credit for consumers to buy cars. It is also a major player in the home mortgage market.

New townhouses deemed affordable come to Lexington's East End

Downtown Lexington is seeing additional affordable housing units. A ribbon cutting Monday opens the door to more housing options in the East End.

Fayette County Attorney Angela Evans discussed noise ordinance issues at Council committee meeting 08-22-23

Lexington city leaders lend an ear to noise ordinance modifications

Lexington city leaders are considering changes to the current noise ordinance. A City Council committee this week received a presentation on potential modifications to the ordinance.

This farmland purchased by the City of Versailles for $2.5 million for a second industrial park was sold to a developer in August for $6.5 million, and Mayor Brian Traugott says a $653,000 state matching grant for infrastructure work there was a key selling point.

$653K state grant helped City of Versailles sell new industrial park, mayor says

A 653-thousand-dollar Kentucky Product Development Initiative grant for the Edgewood Industrial Park for water and sewer improvements will be matched by the city, according to Versailles Mayor Brian Traugott.

Frederick Moorefield Jr., deputy chief information officer for the Office of the Secretary of Defense, was charged last month with dogfighting. If convicted, he could face up to five years in a federal prison.

A Department of Defense official faces up to 5 years in prison in dogfighting case

Frederick Moorefield Jr., a deputy chief information officer for the Office of the Secretary of Defense, allegedly used an encrypted messaging app to discuss dogfighting with people across the U.S.

Ukraine says corrupt officials stole $40 million meant to buy arms for the war

Employees from a Ukrainian arms firm conspired with defense ministry officials to embezzle almost $40 million earmarked to buy shells for the war with Russia, Ukraine's security service reported.

Kentucky health officials warn of measles exposure at Cincinnati airport

The Ohio Department of Health confirmed a case of measles in a resident that traveled through the Cincinnati/Northern Kentucky International Airport.

The Kentucky Center for School Safety met online Thursday and approved a two-year budget of $30 million.

KY Center for School Safety approves budget including first-time funding for private schools

During an online meeting Thursday, the Kentucky Center for School Safety unanimously approved budgets for fiscal years ’25 and ’26.

After the deaths of 12 horses at Churchill Downs this month, an 'emergency summit' began Tuesday to find out why so many horses died or suffer injuries leading them being put down.

The Kentucky Derby turns 150 years old this Saturday

This Saturday, the Kentucky Derby celebrates its 150th birthday.

Special called legislative meetings were held across from the Senate Chamber 03-28-24

Kentucky lawmakers opt to establish a localized state supported road plan

Kentucky House and Senate members have put their stamp of approval on more than $12 billion, most of it going to highway and bridge work. A brand-new initiative focuses on local roads.

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