Home mortgage giant Freddie Mac fires its president and replaces two senior executives amid accounting review irregularities.
"The Wall Street Journal reported that regulators will look at whether Freddie Mac may have deferred some income to smooth out results in future periods. The paper also said the SEC would probe whether its chief executive and chief financial officer may have violated the law by certifying financial statements, if such statements are deemed inaccurate... Separately, the mortgage financier faces an investigation by the Office of Federal Housing Enterprise Oversight, and two members of Congress called for hearings on Freddie Mac's restatement problems."
Thanks to Chris Steins
Read the full story: Freddie Mac Faces Sec Inquiry
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Move over, LA: St. Louis gears up for Olympics, invests millions in downtown redevelopment
The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
California, Hawaii, Rhode Island approve housing propositions
Hawaii and Rhode Island each approved their sole proposition, while California approved two of its three.
Officials claim feds 'rushed' Amtrak environmental review
Amtrak plans to move their Chicago maintenance facility from an industrial area to a residential one.
NYC breaks ground on anti-flooding infrastructure project
New York City's new system will reduce stormwater flows to local sewers by 90%.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
The Pocatello Development Authority