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tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:0px 0px 0px 0px;=
padding-bottom:0px;padding-left:0px;padding-right:0px;padding-top:0px;text-=
align:center;"><!--[if mso | IE]><table role=3D"presentation" border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vertical-al=
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d></tr></tbody></table></div><!--[if mso | IE]></td></tr></table><![endif]-=
-></td></tr></tbody></table></div><!--[if mso | IE]></td></tr></table><tabl=
e align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
=3D"" role=3D"presentation" style=3D"width:600px;" width=3D"600" ><tr><td s=
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if]--><div style=3D"margin:0px auto;max-width:600px;"><table align=3D"cente=
r" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" s=
tyle=3D"width:100%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;pa=
dding:0px 0px 5px 0px;padding-bottom:5px;padding-left:0px;padding-right:0px=
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ntation" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"=
" style=3D"vertical-align:top;width:600px;" ><![endif]--><div class=3D"mj-c=
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direction:ltr;display:inline-block;vertical-align:top;width:100%;"><table b=
order=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=
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       =20
       =20
        </tbody></table></div><!--[if mso | IE]></td></tr></table><![endif]=
--></td></tr></tbody></table></div><!--[if mso | IE]></td></tr></table><tab=
le align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
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"transparent" ><tr><td style=3D"line-height:0px;font-size:0px;mso-line-heig=
ht-rule:exactly;"><![endif]--><div style=3D"background:transparent;backgrou=
nd-color:transparent;margin:0px auto;max-width:600px;"><table align=3D"cent=
er" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" =
style=3D"background:transparent;background-color:transparent;width:100%;"><=
tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:0px 0px 0px 0px;=
padding-bottom:0px;padding-left:0px;padding-right:0px;padding-top:0px;text-=
align:center;"><!--[if mso | IE]><table role=3D"presentation" border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vertical-al=
ign:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-100 mj-outlo=
ok-group-fix" style=3D"font-size:0px;text-align:left;direction:ltr;display:=
inline-block;vertical-align:top;width:100%;"><table border=3D"0" cellpaddin=
g=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"vertical-align:top=
;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-size:0px;padd=
ing:0;word-break:break-word;"><table cellpadding=3D"0" cellspacing=3D"0" wi=
dth=3D"100%" border=3D"0" style=3D"color:#000000;font-family:Arial, sans-se=
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able><![endif]--></td></tr></tbody></table></div><!--[if mso | IE]></td></t=
r></table><![endif]-->=20
       =20
       =20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"title-outlook freeSection1-outlook -outlo=
ok" role=3D"presentation" style=3D"width:600px;" width=3D"600" bgcolor=3D"#=
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e:exactly;"><![endif]--><div class=3D"title freeSection1" style=3D"backgrou=
nd:#ffffff;background-color:#ffffff;margin:0px auto;max-width:600px;"><tabl=
e align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D=
"presentation" style=3D"background:#ffffff;background-color:#ffffff;width:1=
00%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:5px 0px 5=
px 0px;padding-bottom:5px;padding-left:0px;padding-right:0px;padding-top:5p=
x;text-align:center;"><!--[if mso | IE]><table role=3D"presentation" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vert=
ical-align:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-100 m=
j-outlook-group-fix" style=3D"font-size:0px;text-align:left;direction:ltr;d=
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lpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"vertical-al=
ign:top;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-size:0=
px;padding:0px 10px 0px 10px;padding-top:0px;padding-right:10px;padding-bot=
tom:0px;padding-left:10px;word-break:break-word;"><div style=3D"font-family=
:Arial, sans-serif;font-size:14px;letter-spacing:normal;line-height:1;text-=
align:left;color:#000000;"><p class=3D"text-build-content" data-testid=3D"V=
7MBad_mmh" style=3D"margin: 10px 0; margin-top: 10px; margin-bottom: 10px;"=
><span style=3D"color:#0e406a;font-family:Helvetica, Arial, sans-serif;font=
-size:14px;">BUILDER&rsquo;S SHOW &amp; NAHB NEWS</span></p></div></td></tr=
><tr><td align=3D"center" style=3D"font-size:0px;padding:0px 10px 10px 10px=
;padding-top:0px;padding-right:10px;padding-left:10px;word-break:break-word=
;"><p style=3D"border-top:solid 1px #e5e2e5;font-size:1px;margin:0px auto;w=
idth:100%;"></p><!--[if mso | IE]><table align=3D"center" border=3D"0" cell=
padding=3D"0" cellspacing=3D"0" style=3D"border-top:solid 1px #e5e2e5;font-=
size:1px;margin:0px auto;width:580px;" role=3D"presentation" width=3D"580px=
" ><tr><td style=3D"height:0;line-height:0;"> &nbsp;
</td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if mso |=
 IE]></td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if =
mso | IE]></td></tr></table><![endif]-->=20
       =20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"" role=3D"presentation" style=3D"width:60=
0px;" width=3D"600" bgcolor=3D"#ffffff" ><tr><td style=3D"line-height:0px;f=
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round:#ffffff;background-color:#ffffff;margin:0px auto;max-width:600px;"><t=
able align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"background:#ffffff;background-color:#ffffff;widt=
h:100%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:0px 0p=
x 0px 0px;padding-bottom:0px;padding-left:0px;padding-right:0px;padding-top=
:0px;text-align:center;"><!--[if mso | IE]><table role=3D"presentation" bor=
der=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"v=
ertical-align:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-10=
0 mj-outlook-group-fix" style=3D"font-size:0px;text-align:left;direction:lt=
r;display:inline-block;vertical-align:top;width:100%;"><table border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"vertical=
-align:top;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-siz=
e:0px;padding:0;word-break:break-word;"><table cellpadding=3D"0" cellspacin=
g=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;font-family:Aria=
l, sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;=
border:none;"></table></td></tr></tbody></table></div><!--[if mso | IE]></t=
d></tr></table><![endif]--></td></tr></tbody></table></div><!--[if mso | IE=
]></td></tr></table><![endif]-->=20
       =20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"article_374622-outlook -outlook" role=3D"=
presentation" style=3D"width:600px;" width=3D"600" bgcolor=3D"#ffffff" ><tr=
><td style=3D"line-height:0px;font-size:0px;mso-line-height-rule:exactly;">=
<![endif]--><div class=3D"article_374622" style=3D"background:#ffffff;backg=
round-color:#ffffff;margin:0px auto;max-width:600px;"><table align=3D"cente=
r" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" s=
tyle=3D"background:#ffffff;background-color:#ffffff;width:100%;"><tbody><tr=
><td style=3D"direction:ltr;font-size:0px;padding:0px 0px 5px 0px;padding-b=
ottom:5px;padding-left:0px;padding-right:0px;padding-top:0px;text-align:cen=
ter;"><!--[if mso | IE]><table role=3D"presentation" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vertical-align:top;w=
idth:450px;" ><![endif]--><div class=3D"mj-column-per-75 mj-outlook-group-f=
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ck;vertical-align:top;width:100%;"><table border=3D"0" cellpadding=3D"0" ce=
llspacing=3D"0" role=3D"presentation" style=3D"vertical-align:top;" width=
=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-size:0px;padding:0px =
10px 0px 10px;padding-top:0px;padding-right:10px;padding-bottom:0px;padding=
-left:10px;word-break:break-word;"><div style=3D"font-family:Arial, sans-se=
rif;font-size:15px;letter-spacing:normal;line-height:1;text-align:left;colo=
r:#000000;"><p class=3D"text-build-content" data-testid=3D"UBGDvMuyRT" styl=
e=3D"margin: 10px 0; margin-top: 10px;"><a class=3D"link-build-content" sty=
le=3D"color:inherit;" target=3D"_blank" href=3D"https://u27622757.ct.sendgr=
id.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181TxMHSs5j0CZ42viP014VW=
vrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2FvzKB08d54Q2ij0y6t5PMa7skaoNpDHMnGrxsm=
KOz8NCWpBSgBF2kM8G0z7qVr6sGomXWE7xs0zSy351ngc1hPNIELIXyRV3zPDBgt5-2BTc29aB9=
WVqH5158aTXQMj3F2WEs32ci7x85qfHaNfViFxRpD1gkUnm8aqOIQ-2FWsatyHOZpoRGhGltjRC=
Y4Urer-2FfoAgFUT7uOkvyCv9cIJBeDA8kEhAmxKvdvX9tGDlVRIRgtk40t2b8zJWTUHimNXAwo=
bg-3D-3DmLHP_MP2S-2B0f8YZV5jQCnGBr2tttf3Tk0z4IGsuz3ytUyA7YJYAFqTtBqpU8rjUGI=
YBgg2Co6SWAypbb3G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1GVJd8qNX3HOqEsRQAj3FHZVKMdE=
GcVmfATXsT4N1Mv9fRyT-2BzgofhrLeUpPC94tdX5MJzFwDQiftBD8ShQzCP5aUym1A-2FAKoPc=
otl5BeIPEQfLrpAV8R71fVxh9TMefRr17YSPJ23CdubTmF7qX14nlmQ0q6UyDnGNHjCfrhaGo4R=
d4r4A2BVnaEwOElS5BNv-2FWnPJhmPdIrtqSRgF-2Btrh"><span style=3D"color:#55575d=
;font-family:Arial;font-size:15px;"><b><u>[Deadline July 12] Apply to Atten=
d IBS 2025 with a Scholarship</u></b></span></a></p><p class=3D"text-build-=
content" style=3D"line-height: 24px; margin: 10px 0; margin-bottom: 10px;" =
data-testid=3D"UBGDvMuyRT"><span style=3D"color:#6b6571;font-family:Helveti=
ca, Arial, sans-serif;font-size:12px;">Calling all NAHB members between the=
 ages of 21 and 35! Submit an IBS Scholarship application for an opportunit=
y to experience professional development, networking, innovative products, =
new trends and more at the NAHB International Builders=E2=80=99 Show=C2=AE =
(IBS). Selected recipients receive a travel stipend, hotel accommodations a=
nd an Expo+Education Pass to attend the 2025 Builders' Show in Vegas -- a s=
avings of up to $2,000. Deadline to apply is July 12, so apply now.</span><=
/p></div></td></tr></tbody></table></div><!--[if mso | IE]></td><td class=
=3D"" style=3D"vertical-align:top;width:150px;" ><![endif]--><div class=3D"=
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=3D"https://u27622757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Ab=
f21xASm181TxMHSs5j0CZ42viP014VWvrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2FvzKB08=
d54Q2ij0y6t5PMa7skaoNpDHMnGrxsmKOz8NCWpBSgBF2kM8G0z7qVr6sGomXWE7xs0zSy351ng=
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E" target=3D"_blank"><img alt=3D"https://media.caboodleai.net/designandcons=
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h:100%;font-size:13px;" width=3D"130"></a></td></tr></tbody></table></td></=
tr><tr><td align=3D"left" style=3D"font-size:0px;padding:0;word-break:break=
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e-height:22px;table-layout:auto;width:100%;border:none;"></table></td></tr>=
</tbody></table></div><!--[if mso | IE]></td></tr></table><![endif]--></td>=
</tr></tbody></table></div><!--[if mso | IE]></td></tr></table><![endif]-->=
=20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"article_374623-outlook -outlook" role=3D"=
presentation" style=3D"width:600px;" width=3D"600" bgcolor=3D"#ffffff" ><tr=
><td style=3D"line-height:0px;font-size:0px;mso-line-height-rule:exactly;">=
<![endif]--><div class=3D"article_374623" style=3D"background:#ffffff;backg=
round-color:#ffffff;margin:0px auto;max-width:600px;"><table align=3D"cente=
r" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" s=
tyle=3D"background:#ffffff;background-color:#ffffff;width:100%;"><tbody><tr=
><td style=3D"direction:ltr;font-size:0px;padding:0px 0px 5px 0px;padding-b=
ottom:5px;padding-left:0px;padding-right:0px;padding-top:0px;text-align:cen=
ter;"><!--[if mso | IE]><table role=3D"presentation" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vertical-align:top;w=
idth:450px;" ><![endif]--><div class=3D"mj-column-per-75 mj-outlook-group-f=
ix" style=3D"font-size:0px;text-align:left;direction:ltr;display:inline-blo=
ck;vertical-align:top;width:100%;"><table border=3D"0" cellpadding=3D"0" ce=
llspacing=3D"0" role=3D"presentation" style=3D"vertical-align:top;" width=
=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-size:0px;padding:0px =
10px 0px 10px;padding-top:0px;padding-right:10px;padding-bottom:0px;padding=
-left:10px;word-break:break-word;"><div style=3D"font-family:Arial, sans-se=
rif;font-size:15px;letter-spacing:normal;line-height:1;text-align:left;colo=
r:#000000;"><p class=3D"text-build-content" data-testid=3D"UBGDvMuyRT" styl=
e=3D"margin: 10px 0; margin-top: 10px;"><a class=3D"link-build-content" sty=
le=3D"color:inherit;" target=3D"_blank" href=3D"https://u27622757.ct.sendgr=
id.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181TxMHSs5j0CZ42viP014VW=
vrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2Fv7uAjvGJGhZn7zA3zMCP5dON-2BKM5DVxrIWh=
YZbycFEwlOM-2BUb-2Bt-2BHNczTrzr7INK3ScuDQqrdxBj9Tt4Ndn1f5HInMK6vSGGcUASCBzo=
hnOSGPRB2XmfWc-2B-2BmOfftUDaowgDAQlel4rW6DSySusoVVn6Zgr8FtnNm9gg7CWM6ce27It=
4smlQPu82m7XodsoKmCjZrm5i-2FsnIq-2Bf0NF91ljg-3D0Qjn_MP2S-2B0f8YZV5jQCnGBr2t=
ttf3Tk0z4IGsuz3ytUyA7YJYAFqTtBqpU8rjUGIYBgg2Co6SWAypbb3G-2B3KIzT2JmFbhix07x=
E5w9VBOrWGk1H-2F9mMObHS-2FxyPbuurIJVnNRhnLKoO-2B0jNXWElUTwhEp6vfft58NEKVM6i=
o9KkOBhcQvvxdXItdE9R7xJakydVhFMpJpZl7BP9CG7Wprnbg-2BMNt66gIpRWJZYoUUGvXiMQW=
2FZ5jKWEBg9jWERDMCkUHukoEcrZ9oJMam2tp6ZnOBnTxUlfElq3YIup6Ag-2F09yDwX9wpgabb=
5kT2wIdykyJ"><span style=3D"color:#55575d;font-family:Arial;font-size:15px;=
"><b><u>Buy Big. Save Big.</u></b></span></a></p><p class=3D"text-build-con=
tent" style=3D"line-height: 24px; margin: 10px 0; margin-bottom: 10px;" dat=
a-testid=3D"UBGDvMuyRT"><span style=3D"color:#6b6571;font-family:Helvetica,=
 Arial, sans-serif;font-size:12px;">June is National Safety Month and the i=
deal time to buy the Jobsite Safety Handbook, Fourth Edition. The more you =
buy, the more you save. Take advantage of the bulk discount for quantities =
of 25, 50, 100+ by calling customer service at 1-800-888-4741.</span></p></=
div></td></tr></tbody></table></div><!--[if mso | IE]></td><td class=3D"" s=
tyle=3D"vertical-align:top;width:150px;" ><![endif]--><div class=3D"mj-colu=
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vertical-align:top;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"=
font-size:0px;padding:0;word-break:break-word;"><table cellpadding=3D"0" ce=
llspacing=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;font-fam=
ily:Arial, sans-serif;font-size:13px;line-height:22px;table-layout:auto;wid=
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gn=3D"top" class=3D"editImagePlaceHolder" style=3D"font-size:0px;padding:0p=
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cellspacing=3D"0" role=3D"presentation" style=3D"border-collapse:collapse;b=
order-spacing:0px;"><tbody><tr><td style=3D"width:130px;"><a href=3D"https:=
//u27622757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181=
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ng=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;font-family:Ari=
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td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if mso | I=
E]></td></tr></table><![endif]-->=20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
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=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-size:0px;padding:0px =
10px 0px 10px;padding-top:0px;padding-right:10px;padding-bottom:0px;padding=
-left:10px;word-break:break-word;"><div style=3D"font-family:Arial, sans-se=
rif;font-size:15px;letter-spacing:normal;line-height:1;text-align:left;colo=
r:#000000;"><p class=3D"text-build-content" data-testid=3D"UBGDvMuyRT" styl=
e=3D"margin: 10px 0; margin-top: 10px;"><a class=3D"link-build-content" sty=
le=3D"color:inherit;" target=3D"_blank" href=3D"https://u27622757.ct.sendgr=
id.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181TxMHSs5j0CZ42viP014VW=
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0RsO-2BlH9yZmFcz-2ByXeSM3C5UkFXH7JUrcyDg9QbwjgT0-2BDXtlH6wYG5DZSkIivD7i_MP2=
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G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1GAtDsF9XyXU4k9BkW2GyU7A6Xz9Y-2BF-2FYFAUz-2F=
ygciuSb1jnABd6DV1Obfdrvc-2BjgEk4dyb5D1au-2FRMZHuNZPVzvXdkVKPzzelia0PpmoRU7x=
Zh7y8edc-2FjiJEMKCk5T4u0zEPsYw3fXydGNQLtzm4mtd1VTqsVebei0-2FMcZX8lgf-2BuHV4=
ITy20OPxP2uRBj61HmbgP1onjDy2DycbiXq5q"><span style=3D"color:#55575d;font-fa=
mily:Arial;font-size:15px;"><b><u>NAHB Industry Awards OPEN July 8!</u></b>=
</span></a></p><p class=3D"text-build-content" style=3D"line-height: 24px; =
margin: 10px 0; margin-bottom: 10px;" data-testid=3D"UBGDvMuyRT"><span styl=
e=3D"color:#6b6571;font-family:Helvetica, Arial, sans-serif;font-size:12px;=
">Each year, NAHB recognizes the best of the best in our industry. Our pres=
tigious awards celebrate, honor and recognize excellence. Gather your photo=
s. Write descriptions of your stellar projects. Shout out your biggest acco=
mplishments. Get the recognition you deserve. Be ready to apply July 8.
</span></p></div></td></tr></tbody></table></div><!--[if mso | IE]></td><td=
 class=3D"" style=3D"vertical-align:top;width:150px;" ><![endif]--><div cla=
ss=3D"mj-column-per-25 mj-outlook-group-fix" style=3D"font-size:0px;text-al=
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/tbody></table></div><!--[if mso | IE]></td></tr></table><![endif]-->   <!-=
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style=3D"border-top:solid 1px #ffffff;font-size:1px;margin:0px auto;width:5=
50px;" role=3D"presentation" width=3D"550px" ><tr><td style=3D"height:0;lin=
e-height:0;"> &nbsp;
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mso | IE]></td></tr></table><table align=3D"center" border=3D"0" cellpaddin=
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px 0px 0px;padding-bottom:0px;padding-left:0px;padding-right:0px;padding-to=
p:0px;text-align:center;"><!--[if mso | IE]><table role=3D"presentation" bo=
rder=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"=
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E]></td></tr></table><![endif]-->=20
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7GDFL" style=3D"margin: 10px 0; margin-top: 10px; margin-bottom: 10px;"><sp=
an style=3D"color:#0e406a;font-family:Helvetica, Arial, sans-serif;font-siz=
e:14px;">TOP INDUSTRY NEWS</span></p></div></td></tr><tr><td align=3D"cente=
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der=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"v=
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ottom:5px;padding-left:0px;padding-right:0px;padding-top:0px;text-align:cen=
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ine-height: 22px; margin: 10px 0;" data-testid=3D"VPwM7dMDqv"><a class=3D"l=
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an></p><p class=3D"text-build-content" style=3D"line-height: 24px; margin: =
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or:#6b6571;font-family:Helvetica, Arial, sans-serif;font-size:12px;">Indust=
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ellpadding=3D"0" cellspacing=3D"0" width=3D"100%" border=3D"0" style=3D"col=
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7dMDqv"><span style=3D"color:#6b6571;font-family:Helvetica, Arial, sans-ser=
if;font-size:12px;">Located within the master-planned community of Nexton, =
The Villas at Nexton community spans nearly 27 acres and offers 282 single-=
family rental homes, the...</span></p></div></td></tr></tbody></table></td>=
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e></div><!--[if mso | IE]></td><![endif]-->=20
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5d;font-family:Arial;font-size:15px;"><b><u>Housing Policy Research</u></b>=
</span></a></p><p class=3D"text-build-content" style=3D"line-height: 16px; =
margin: 10px 0;" data-testid=3D"VPwM7dMDqv"><span style=3D"color:#908b94;fo=
nt-family:Helvetica, Arial, sans-serif;font-size:11px;">&nbsp;Posted by: Ey=
e on Housing | June 25</span></p><p class=3D"text-build-content" style=3D"l=
ine-height: 24px; margin: 10px 0; margin-bottom: 10px;" data-testid=3D"VPwM=
7dMDqv"><span style=3D"color:#6b6571;font-family:Helvetica, Arial, sans-ser=
if;font-size:12px;">Policy Research
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ine-height: 22px; margin: 10px 0;" data-testid=3D"VPwM7dMDqv"><a class=3D"l=
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EFb2"><span style=3D"color:#55575d;font-family:Arial;font-size:15px;"><b><u=
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/span></a></p><p class=3D"text-build-content" style=3D"line-height: 16px; m=
argin: 10px 0;" data-testid=3D"VPwM7dMDqv"><span style=3D"color:#908b94;fon=
t-family:Helvetica, Arial, sans-serif;font-size:11px;">&nbsp;Posted by: Bui=
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Dqv"><span style=3D"color:#6b6571;font-family:Helvetica, Arial, sans-serif;=
font-size:12px;">In the high-stakes world of construction, managing warrant=
ies efficiently is crucial for maintaining customer satisfaction, protectin=
g your reputation and miti=E2=80=A6</span></p></div></td></tr></tbody></tab=
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x;"><a class=3D"link-build-content" style=3D"color:inherit;" target=3D"_bla=
nk" href=3D"https://u27622757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakd=
JT8Wn8Abf21xASm181TxMHSs5j0CZ42viP014VWvrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-=
2Fv6HSYYVBkXswMCKR0pN8lfc-3Dka6G_MP2S-2B0f8YZV5jQCnGBr2tttf3Tk0z4IGsuz3ytUy=
A7YJYAFqTtBqpU8rjUGIYBgg2Co6SWAypbb3G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1HGw91CQ=
d5tQqrc-2BpcIMp1XDrI-2F-2BZhau8Q4sRpzJl03LqVB3j9qKSMV3PTtL5BPNkB4HoV4GxIFD2=
N6hGp1wDl5Fc6hRGccx4JRbDJLfw4liiGZ6OAjQw4wQRQC0pNByv62t5HKuT7TxEvLCgV3FZW-2=
F51MUiNvft096pfi5vDNfWX9SW-2BUtE18S8jI1SCt-2BIy6dwmHzuHbhYlHPF2KsOYps"><spa=
n style=3D"color:#55575d;font-family:Arial;font-size:15px;"><b><u>NAHB Buil=
ders Report 22% All-Cash Sales in 2024</u></b></span></a></p><p class=3D"te=
xt-build-content" style=3D"line-height: 16px; margin: 10px 0; margin-bottom=
: 10px;" data-testid=3D"q2zFSH-bw-"><span style=3D"color:#6b6571;font-famil=
y:Helvetica, Arial, sans-serif;font-size:12px;">Up to this point in 2024, t=
he median builder has sold 22% of its homes to buyers who used all cash to =
pay for them (i.e., did not take out a mortgage), accordin...</span></p></d=
iv></td></tr></tbody></table></div><!--[if mso | IE]></td></tr></table><![e=
ndif]--></td></tr></tbody></table></div><!--[if mso | IE]></td></tr></table=
><![endif]-->=20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"" role=3D"presentation" style=3D"width:60=
0px;" width=3D"600" bgcolor=3D"#ffffff" ><tr><td style=3D"line-height:0px;f=
ont-size:0px;mso-line-height-rule:exactly;"><![endif]--><div style=3D"backg=
round:#ffffff;background-color:#ffffff;margin:0px auto;max-width:600px;"><t=
able align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"background:#ffffff;background-color:#ffffff;widt=
h:100%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:0px 0p=
x 5px 0px;padding-bottom:5px;padding-left:0px;padding-right:0px;padding-top=
:0px;text-align:center;"><!--[if mso | IE]><table role=3D"presentation" bor=
der=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"v=
ertical-align:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-10=
0 mj-outlook-group-fix" style=3D"font-size:0px;text-align:left;direction:lt=
r;display:inline-block;vertical-align:top;width:100%;"><table border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"vertical=
-align:top;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-siz=
e:0px;padding:0;word-break:break-word;"><table cellpadding=3D"0" cellspacin=
g=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;font-family:Aria=
l, sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;=
border:none;"></table></td></tr><tr><td align=3D"center" vertical-align=3D"=
top" class=3D"editImagePlaceHolder" style=3D"font-size:0px;padding:0px 10px=
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t:10px;word-break:break-word;"><table border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"border-collapse:collapse;border-=
spacing:0px;"><tbody><tr><td style=3D"width:227px;"><a href=3D"https://u276=
22757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181TxMHSs=
5j0CZ42viP014VWvrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2Fv9KTYfRYNDCgGu2rNrFR4l=
8-3DJ2Zt_MP2S-2B0f8YZV5jQCnGBr2tttf3Tk0z4IGsuz3ytUyA7YJYAFqTtBqpU8rjUGIYBgg=
2Co6SWAypbb3G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1Ew77x1YmQ-2F1GHQ0HZRcxSLtN6ZOiI=
yaRoTXwHzDjF7xYPkzUgYskxuiIinx4gBUKOMSNKUIvfZxQ-2FUGM-2Ffiu83FspT57pwWaBqSr=
Q9xYgNwZcdwZXx0MSc8PRAeiezCDi4qpjBveFOP6FeWK8x5S8mXaCzYrCszSmvvWrJuOz4UKZuC=
5lCUuBi7i9PFlggiEtJdfqr8xCYOuei1XWRgMt0" target=3D"_blank"><img alt=3D"http=
s://media.caboodleai.net/designandconstructionweek/19a/c05daf3f-a44a-4caf-b=
73c-5d46a02e6e7d.jpg?size=3Dw600Crop" height=3D"auto" src=3D"https://media.=
caboodleai.net/designandconstructionweek/19a/c05daf3f-a44a-4caf-b73c-5d46a0=
2e6e7d.jpg?size=3Dw600Crop" style=3D"border:none;display:block;outline:none=
;text-decoration:none;height:auto;width:100%;font-size:13px;" width=3D"227"=
></a></td></tr></tbody></table></td></tr><tr><td align=3D"left" style=3D"fo=
nt-size:0px;padding:0;word-break:break-word;"><table cellpadding=3D"0" cell=
spacing=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;font-famil=
y:Arial, sans-serif;font-size:13px;line-height:22px;table-layout:auto;width=
:100%;border:none;"></table></td></tr><tr><td align=3D"left" style=3D"font-=
size:0px;padding:0px 10px 0px 10px;padding-top:0px;padding-right:10px;paddi=
ng-bottom:0px;padding-left:10px;word-break:break-word;"><div style=3D"font-=
family:Arial, sans-serif;font-size:15px;letter-spacing:normal;line-height:1=
;text-align:left;color:#000000;"><p class=3D"text-build-content" data-testi=
d=3D"q2zFSH-bw-" style=3D"margin: 10px 0; margin-top: 10px;"><a class=3D"li=
nk-build-content" style=3D"color:inherit;" target=3D"_blank" href=3D"https:=
//u27622757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181=
TxMHSs5j0CZ42viP014VWvrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2Fv9KTYfRYNDCgGu2r=
NrFR4l8-3DKKnv_MP2S-2B0f8YZV5jQCnGBr2tttf3Tk0z4IGsuz3ytUyA7YJYAFqTtBqpU8rjU=
GIYBgg2Co6SWAypbb3G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1FJnXkkcXlz-2Bp3WsppdMwu7G=
ahWEzH-2BO6oHCn9UmsaQwGaQ-2FSKx7KnTfKebbkosEEyZ71o5eIo7LEG5-2BImUpmg6zQW2Ea=
MPKUOjSEMfNb8-2F1P-2BXq-2FueKUxsjQIeXd6zu84nOe0z5HuVwRp3wQjBWsBnMnLerRz11eL=
X73JD6yE2nXQszzED-2BF3r8w4b6TWhTiQpJ6gIc6FF7dNW3mgmvj-2FT"><span style=3D"c=
olor:#55575d;font-family:Arial;font-size:15px;"><b><u>Inspiration on the Dr=
awing Board: Atwell on Spring</u></b></span></a></p><p class=3D"text-build-=
content" style=3D"line-height: 16px; margin: 10px 0; margin-bottom: 10px;" =
data-testid=3D"q2zFSH-bw-"><span style=3D"color:#6b6571;font-family:Helveti=
ca, Arial, sans-serif;font-size:12px;">This new mixed-use development is pl=
anned for the site of a 60-year-old Montgomery County office building. The =
development is part of a development agreement wh...</span></p></div></td><=
/tr></tbody></table></div><!--[if mso | IE]></td></tr></table><![endif]--><=
/td></tr></tbody></table></div><!--[if mso | IE]></td></tr></table><![endif=
]-->=20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"" role=3D"presentation" style=3D"width:60=
0px;" width=3D"600" bgcolor=3D"#ffffff" ><tr><td style=3D"line-height:0px;f=
ont-size:0px;mso-line-height-rule:exactly;"><![endif]--><div style=3D"backg=
round:#ffffff;background-color:#ffffff;margin:0px auto;max-width:600px;"><t=
able align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"background:#ffffff;background-color:#ffffff;widt=
h:100%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:0px 0p=
x 5px 0px;padding-bottom:5px;padding-left:0px;padding-right:0px;padding-top=
:0px;text-align:center;"><!--[if mso | IE]><table role=3D"presentation" bor=
der=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"v=
ertical-align:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-10=
0 mj-outlook-group-fix" style=3D"font-size:0px;text-align:left;direction:lt=
r;display:inline-block;vertical-align:top;width:100%;"><table border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"vertical=
-align:top;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-siz=
e:0px;padding:0;word-break:break-word;"><table cellpadding=3D"0" cellspacin=
g=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;font-family:Aria=
l, sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;=
border:none;"></table></td></tr><tr><td align=3D"center" vertical-align=3D"=
top" class=3D"editImagePlaceHolder" style=3D"font-size:0px;padding:0px 10px=
 0px 10px;padding-top:0px;padding-right:10px;padding-bottom:0px;padding-lef=
t:10px;word-break:break-word;"><table border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"border-collapse:collapse;border-=
spacing:0px;"><tbody><tr><td style=3D"width:227px;"><a href=3D"https://u276=
22757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Abf21xASm181TxMHSs=
5j0CZ42viP014VWvrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2Fv1CWO2nCLNrA3V3-2F3-2B=
DSj-2FA-3DkAB__MP2S-2B0f8YZV5jQCnGBr2tttf3Tk0z4IGsuz3ytUyA7YJYAFqTtBqpU8rjU=
GIYBgg2Co6SWAypbb3G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1HVQ2xWLL6IFplEXwh7XVpc75j=
IAxSGlVVv3aIklR-2BzIHAqPFD7Wz95UBuDxKufOA8BvIheHPZkLnAgdCnA5XcM06FFe1XoiUkH=
PGlhyy636Vr3VbA0rmfNcsDBus6GhqEc44BvngYaoWISEYBl83c7ypEyJ4jCyOfiM1rcv3UzZSE=
CKak5hf90QJsUZuSL-2FKg1-2BDKuMH3oYxtkm5GOdQAP" target=3D"_blank"><img alt=
=3D"https://media.caboodleai.net/designandconstructionweek/19a/6b44cd85-377=
1-49ed-b78c-18c19d1d8132.jpg?size=3Dw600Crop" height=3D"auto" src=3D"https:=
//media.caboodleai.net/designandconstructionweek/19a/6b44cd85-3771-49ed-b78=
c-18c19d1d8132.jpg?size=3Dw600Crop" style=3D"border:none;display:block;outl=
ine:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width=
=3D"227"></a></td></tr></tbody></table></td></tr><tr><td align=3D"left" sty=
le=3D"font-size:0px;padding:0;word-break:break-word;"><table cellpadding=3D=
"0" cellspacing=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000;fo=
nt-family:Arial, sans-serif;font-size:13px;line-height:22px;table-layout:au=
to;width:100%;border:none;"></table></td></tr><tr><td align=3D"left" style=
=3D"font-size:0px;padding:0px 10px 0px 10px;padding-top:0px;padding-right:1=
0px;padding-bottom:0px;padding-left:10px;word-break:break-word;"><div style=
=3D"font-family:Arial, sans-serif;font-size:15px;letter-spacing:normal;line=
-height:1;text-align:left;color:#000000;"><p class=3D"text-build-content" d=
ata-testid=3D"q2zFSH-bw-" style=3D"margin: 10px 0; margin-top: 10px;"><a cl=
ass=3D"link-build-content" style=3D"color:inherit;" target=3D"_blank" href=
=3D"https://u27622757.ct.sendgrid.net/ls/click?upn=3Du001.SvuCTZakdJT8Wn8Ab=
f21xASm181TxMHSs5j0CZ42viP014VWvrxAj0wyujiGtLu6aE2qoIOq0uZFdLMDegX-2Fv1CWO2=
nCLNrA3V3-2F3-2BDSj-2FA-3D2MTS_MP2S-2B0f8YZV5jQCnGBr2tttf3Tk0z4IGsuz3ytUyA7=
YJYAFqTtBqpU8rjUGIYBgg2Co6SWAypbb3G-2B3KIzT2JmFbhix07xE5w9VBOrWGk1FNSCb9Hjz=
H6rGjdg2Ae463zB456xJzLFJTiRU0CgisRQuvQ1Y-2BaPbKFURQAL-2F9na39R8xrdQpaFZ-2FN=
Eln-2FUNtsrHtRjYRbQxAwicj3Mm41CN53PGFXViCNPypPHsP4-2BlmIXEPJsjhaII4WrNTtv4S=
KXKedyorITgDPKblC0uG9qb0FnFJ415syWZdZt64CvDSD69yZlkzko91Lq5SF7d1w"><span st=
yle=3D"color:#55575d;font-family:Arial;font-size:15px;"><b><u>Inflation Mod=
erates Despite Persistent Housing Cost Growth</u></b></span></a></p><p clas=
s=3D"text-build-content" style=3D"line-height: 16px; margin: 10px 0; margin=
-bottom: 10px;" data-testid=3D"q2zFSH-bw-"><span style=3D"color:#6b6571;fon=
t-family:Helvetica, Arial, sans-serif;font-size:12px;">Both overall and cor=
e inflation continued to ease in May as decline in gasoline price offset th=
e increase the shelter cost. This is a dovish signal for future m...</span>=
</p></div></td></tr></tbody></table></div><!--[if mso | IE]></td></tr></tab=
le><![endif]--></td></tr></tbody></table></div><!--[if mso | IE]></td></tr>=
</table><![endif]-->   <!--[if mso | IE]><table align=3D"center" border=3D"=
0" cellpadding=3D"0" cellspacing=3D"0" class=3D"" role=3D"presentation" sty=
le=3D"width:600px;" width=3D"600" bgcolor=3D"#f1864d" ><tr><td style=3D"lin=
e-height:0px;font-size:0px;mso-line-height-rule:exactly;"><![endif]--><div =
style=3D"background:#f1864d;background-color:#f1864d;margin:0px auto;max-wi=
dth:600px;"><table align=3D"center" border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0" role=3D"presentation" style=3D"background:#f1864d;background-colo=
r:#f1864d;width:100%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;=
padding:0px 0px 0px 0px;padding-bottom:0px;padding-left:0px;padding-right:0=
px;padding-top:0px;text-align:center;"><!--[if mso | IE]><table role=3D"pre=
sentation" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=
=3D"" style=3D"vertical-align:top;width:600px;" ><![endif]--><div class=3D"=
mj-column-per-100 mj-outlook-group-fix" style=3D"font-size:0px;text-align:l=
eft;direction:ltr;display:inline-block;vertical-align:top;width:100%;"><tab=
le border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" s=
tyle=3D"vertical-align:top;" width=3D"100%"><tbody><tr><td align=3D"left" s=
tyle=3D"font-size:0px;padding:0;word-break:break-word;"><table cellpadding=
=3D"0" cellspacing=3D"0" width=3D"100%" border=3D"0" style=3D"color:#000000=
;font-family:Arial, sans-serif;font-size:13px;line-height:22px;table-layout=
:auto;width:100%;border:none;"></table></td></tr></tbody></table></div><!--=
[if mso | IE]></td></tr></table><![endif]--></td></tr></tbody></table></div=
><!--[if mso | IE]></td></tr></table><table align=3D"center" border=3D"0" c=
ellpadding=3D"0" cellspacing=3D"0" class=3D"" role=3D"presentation" style=
=3D"width:600px;" width=3D"600" bgcolor=3D"#ffffff" ><tr><td style=3D"line-=
height:0px;font-size:0px;mso-line-height-rule:exactly;"><![endif]--><div st=
yle=3D"background:#ffffff;background-color:#ffffff;margin:0px auto;max-widt=
h:600px;"><table align=3D"center" border=3D"0" cellpadding=3D"0" cellspacin=
g=3D"0" role=3D"presentation" style=3D"background:#ffffff;background-color:=
#ffffff;width:100%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;pa=
dding:0px 0px 0px 0px;padding-bottom:0px;padding-left:0px;padding-right:0px=
;padding-top:0px;text-align:center;"><!--[if mso | IE]><table role=3D"prese=
ntation" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"=
" style=3D"vertical-align:top;width:600px;" ><![endif]--><div class=3D"mj-c=
olumn-per-100 mj-outlook-group-fix" style=3D"font-size:0px;text-align:left;=
direction:ltr;display:inline-block;vertical-align:top;width:100%;"><table b=
order=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=
=3D"vertical-align:top;" width=3D"100%"><tbody><tr><td align=3D"center" sty=
le=3D"font-size:0px;padding:0px 25px 0px 25px;padding-top:0px;padding-right=
:25px;padding-bottom:0px;padding-left:25px;word-break:break-word;"><p style=
=3D"border-top:solid 1px #ffffff;font-size:1px;margin:0px auto;width:100%;"=
></p><!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=3D"=
0" cellspacing=3D"0" style=3D"border-top:solid 1px #ffffff;font-size:1px;ma=
rgin:0px auto;width:550px;" role=3D"presentation" width=3D"550px" ><tr><td =
style=3D"height:0;line-height:0;"> &nbsp;
</td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if mso |=
 IE]></td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if =
mso | IE]></td></tr></table><![endif]-->=20
       =20
       =20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"title-outlook topArticles-outlook -outloo=
k" role=3D"presentation" style=3D"width:600px;" width=3D"600" bgcolor=3D"#f=
fffff" ><tr><td style=3D"line-height:0px;font-size:0px;mso-line-height-rule=
:exactly;"><![endif]--><div class=3D"title topArticles" style=3D"background=
:#ffffff;background-color:#ffffff;margin:0px auto;max-width:600px;"><table =
align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"p=
resentation" style=3D"background:#ffffff;background-color:#ffffff;width:100=
%;"><tbody><tr><td style=3D"direction:ltr;font-size:0px;padding:0px 0px 0px=
 0px;padding-bottom:0px;padding-left:0px;padding-right:0px;padding-top:0px;=
text-align:center;"><!--[if mso | IE]><table role=3D"presentation" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vert=
ical-align:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-100 m=
j-outlook-group-fix" style=3D"font-size:0px;text-align:left;direction:ltr;d=
isplay:inline-block;vertical-align:top;width:100%;"><table border=3D"0" cel=
lpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"vertical-al=
ign:top;" width=3D"100%"><tbody><tr><td align=3D"left" style=3D"font-size:0=
px;padding:0px 10px 0px 10px;padding-top:0px;padding-right:10px;padding-bot=
tom:0px;padding-left:10px;word-break:break-word;"><div style=3D"font-family=
:Arial, sans-serif;font-size:14px;letter-spacing:normal;line-height:1;text-=
align:left;color:#000000;"><p class=3D"text-build-content" data-testid=3D"b=
_4ILMqmEB" style=3D"margin: 10px 0; margin-top: 10px; margin-bottom: 10px;"=
><span style=3D"color:#0e406a;font-family:Helvetica, Arial, sans-serif;font=
-size:14px;">TOP READS FROM THE PAST FEW DAYS</span></p></div></td></tr><tr=
><td align=3D"center" style=3D"font-size:0px;padding:0px 10px 10px 10px;pad=
ding-top:0px;padding-right:10px;padding-bottom:10px;padding-left:10px;word-=
break:break-word;"><p style=3D"border-top:solid 1px #e5e2e5;font-size:1px;m=
argin:0px auto;width:100%;"></p><!--[if mso | IE]><table align=3D"center" b=
order=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"border-top:solid 1=
px #e5e2e5;font-size:1px;margin:0px auto;width:580px;" role=3D"presentation=
" width=3D"580px" ><tr><td style=3D"height:0;line-height:0;"> &nbsp;
</td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if mso |=
 IE]></td></tr></table><![endif]--></td></tr></tbody></table></div><!--[if =
mso | IE]></td></tr></table><![endif]-->=20
       =20
        <!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
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0px;" width=3D"600" bgcolor=3D"transparent" ><tr><td style=3D"line-height:0=
px;font-size:0px;mso-line-height-rule:exactly;"><![endif]--><div style=3D"b=
ackground:transparent;background-color:transparent;margin:0px auto;max-widt=
h:600px;"><table align=3D"center" border=3D"0" cellpadding=3D"0" cellspacin=
g=3D"0" role=3D"presentation" style=3D"background:transparent;background-co=
lor:transparent;width:100%;"><tbody><tr><td style=3D"direction:ltr;font-siz=
e:0px;padding:0px 0px 0px 0px;padding-bottom:0px;padding-left:0px;padding-r=
ight:0px;padding-top:0px;text-align:center;"><!--[if mso | IE]><table role=
=3D"presentation" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td =
class=3D"" style=3D"vertical-align:top;width:600px;" ><![endif]--><div clas=
s=3D"mj-column-per-100 mj-outlook-group-fix" style=3D"font-size:0px;text-al=
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on" style=3D"vertical-align:top;" width=3D"100%"><tbody><tr><td align=3D"le=
ft" style=3D"font-size:0px;padding:0;word-break:break-word;"><table cellpad=
ding=3D"0" cellspacing=3D"0" width=3D"100%" border=3D"0" style=3D"color:#00=
0000;font-family:Arial, sans-serif;font-size:13px;line-height:22px;table-la=
yout:auto;width:100%;border:none;"></table></td></tr></tbody></table></div>=
<!--[if mso | IE]></td></tr></table><![endif]--></td></tr></tbody></table><=
/div><!--[if mso | IE]></td></tr></table><![endif]-->=20
       =20
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ottom:5px;padding-left:0px;padding-right:0px;padding-top:0px;text-align:cen=
ter;"><!--[if mso | IE]><table role=3D"presentation" border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0"><tr><td class=3D"" style=3D"vertical-align:top;w=
idth:600px;" ><![endif]--><div class=3D"mj-column-per-100 mj-outlook-group-=
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ellspacing=3D"0" role=3D"presentation" style=3D"vertical-align:top;" width=
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rif;font-size:11px;letter-spacing:normal;line-height:1;text-align:left;colo=
r:#000000;"><p class=3D"text-build-content" data-testid=3D"4oSwVjxbQsT2" st=
yle=3D"margin: 10px 0; margin-top: 10px;"><a class=3D"link-build-content" s=
tyle=3D"color:inherit;" target=3D"_blank" href=3D"https://u27622757.ct.send=
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ottom:5px;padding-left:0px;padding-right:0px;padding-top:0px;text-align:cen=
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idth:600px;" ><![endif]--><div class=3D"mj-column-per-100 mj-outlook-group-=
fix" style=3D"font-size:0px;text-align:left;direction:ltr;display:inline-bl=
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ottom:5px;padding-left:0px;padding-right:0px;padding-top:0px;text-align:cen=
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