Federal housing regulators are being urged to sue insurers and mortgage servicers over alleged overcharging for force-placed insurance on troubled homeowners during the housing crisis.

Federal housing regulators are being urged to sue insurers and mortgage servicers over alleged overcharging for force-placed insurance on troubled homeowners during the housing crisis.

Sen. Schumer says the House's TRIA bill is a "backwards approach." Industry groups worry about the impact on availability. But most are relieved there is at least progress in renewing the program that expires Dec. 31.

Sen. Schumer says the House's TRIA bill is a "backwards approach." Industry groups worry about the impact on availability. But most are relieved there is at least progress in renewing the program that expires Dec. 31.

A divided House Financial Services Committee advanced to the House floor today legislation that sets a path to phase out, after five years, the federal backup for terrorism risk insurance for attacks except for NBCR events. Legislation establishing NARAB was attached to the bill.

A divided House Financial Services Committee advanced to the House floor today legislation that sets a path to phase out, after five years, the federal backup for terrorism risk insurance for attacks except for NBCR events. Legislation establishing NARAB was attached to the bill.

Rep. Jeb Hensarling proposes a 7-month "clean" TRIA extension of the program in its current form as a backup plan should Congress not be able to agree on a longer-term bill. But could he just be playing for time in hopes of working with a more conservative Congress in 2015?

Rep. Jeb Hensarling proposes a 7-month "clean" TRIA extension of the program in its current form as a backup plan should Congress not be able to agree on a longer-term bill. But could he just be playing for time in hopes of working with a more conservative Congress in 2015?