Victoria Finkle

The Federal Housing Administration is asking for a $1.7 billion draw from the U.S. Treasury for the end of the fiscal year, up from an earlier estimate in President Obama's April budget.

The Federal Housing Administration is facing a bailout for the first time in its almost 80-year history, raising a host of fresh questions about the potential for standalone legislation to the reform the agency.

Sen. Elizabeth Warren hinted at her views on GSE reform briefly Thursday, though it's still unclear whether she will support a bill introduced this summer by Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va.

Sen. Bob Corker, a co-author of legislation to overhaul the mortgage finance market, forcefully defended his proposal that private capital take at least 10% of the first loss on mortgage-backed securities. Others predicted that he'll have to water it down to advance the bill.

Community bankers may have a long wish list of legislative changes for Congress to consider, but it is unlikely lawmakers will take up a comprehensive bill addressing those issues anytime soon.

In order to prevent cyber attacks and keep the financial system safe, banks have to understand the key threats to the industry. We asked two top banking regulators what they're worried about right now.

Lawmakers are scheduled to examine concerns on Wednesday that a hike in flood insurance premiums set to go into effect this fall could topple the still weakened real estate market.

American Express, Wells Fargo and Citigroup are continuing to sell controversial credit card payment protection and monitoring services, even as the industry braces for a second round of regulatory crackdowns.

Former Rep. Barney Frank has joined a growing chorus of observers warning that an exemption in regulators' proposed risk retention rule for mortgages is overly broad.

Sen. Elizabeth Warren continued her drive to end "too big to fail" in a speech on Thursday, arguing lawmakers shouldn't wait until regulators have fully implemented the Dodd-Frank Act before taking action.

Ten Federal Housing Administration lenders could be facing hefty penalties from the government following an investigation into their underwriting practices, according to the Department of Housing and Urban Development's inspector general.

WASHINGTON — Senate Banking Committee Chairman Tim Johnson, D-S.D., and Elizabeth Warren, D-Mass., are urging the Federal Housing Administration to change an employment eligibility requirement for borrowers looking to modify their mortgages.

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, said Tuesday that she is preparing to unveil an alternative housing finance reform proposal to rival more conservative legislation backed by many House Republicans.

The House Majority Leader's failure to include mortgage finance reform in his legislative agenda for the fall has sparked more questions about whether Rep. Jeb Hensarling, Patrick McHenry and others can advance his legislation to the floor this year.

The banking committees are set to resume debate over mortgage finance reform when Congress returns from August recess on Monday, but the issue will be just one of many facing lawmakers during a very busy fall.

The housing industry is stepping up behind-the-scenes lobbying to alter the housing finance bill sponsored by Rep. Jeb Hensarling and perhaps kill the legislation entirely.

Efforts to overhaul the mortgage finance system are gaining momentum, but key logistical hurdles remain as lawmakers prepare to return from the August recess.

The group unveiled a new white paper Wednesday that outlines two alternative proposals for integrating affordable housing into the larger mortgage finance reform debate.

Sen. Elizabeth Warren, D-Mass., is pressuring the Department of Justice for more details related to payments made to the Federal Housing Administration as part of the $25 billion mortgage servicing settlement announced last year.

Decades in Washington are bound to make any lawmaker a little cynical, but former Rep. Barney Frank says Netflix's hit drama "House of Cards" goes too far.