The Senate may vote as early as today on a controversial plan to expand the Department of Housing and Urban Development's FHA mortgage insurance program.

The provision, contained in the 1999 spending bill for HUD, would let the FHA program insure loans of up to roughly $198,000 in high-cost housing markets and $109,000 in the lowest-cost areas. Debate on the bill began Monday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.