Sheila C. Bair, the head of the Federal Deposit Insurance Corporation, has called for billions in aid for homeowners.

A report criticized the administration for a lack of strategy and challenged its reluctance to help reduce foreclosures.

A report criticized the administration for a lack of strategy and challenged its reluctance to help reduce foreclosures.

A report criticized the administration for a lack of strategy and challenged its reluctance to help reduce foreclosures.

A report criticized the administration for a lack of strategy and challenged its reluctance to help reduce foreclosures.

Its business is rising, but the federal mortgage guarantor is slow to weed out abusive lenders.

Most troubled homeowners whose mortgages were modified are again falling behind, a regulator said, raising questions about whether policy makers can help them.

Work on a condo tower in the Riverdale section of the Bronx has come to a stop, leaving residents who opposed the project stuck with the troubles of an abandoned building.

Work on a condo tower in the Riverdale section of the Bronx has come to a stop, leaving residents who opposed the project stuck with the troubles of an abandoned building.

Foreclosures remain “too high,” hurting not only homeowners but lenders and the broader economy, the Fed chief said.