The Senate Banking Committee continued negotiations over the weekend on landmark legislation to overhaul the mortgage finance system, but it remains unclear when, or if, panel leaders will reschedule a key vote on the bill.

Senate Banking Committee Chairman Tim Johnson, D-S.D., and Sen. Mike Crapo, R-Idaho, the panel's top Republican, initially scheduled a committee vote April 29, but abruptly postponed it in a bid to win additional support. Discussions have been ongoing over the past week, but there is little concrete information about the status of the talks or when the vote might resume.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry