The Senate Banking Committee has canceled a mark-up of a Federal Housing Administration reform bill after key Republicans complained about the process and wanted more time to work on the bill.A sudden push by committee Chairman Christopher J. Dodd, D-Conn., to mark up an FHA bill on Wednesday did not sit well with several Republican members, according to sources. They said the objections centered "more on process than substance" regarding the FHA bill Sen. Dodd put together with Sen. Mel Martinez, R-Fla. FHA reform supporters say they expect the senators to return from their August recess and approve a bill in September. The House Financial Services Committee has already approved an FHA reform bill.
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