WASHINGTON (MarketWatch) - House lawmakers on Tuesday approved a broad housing bill that would allow the Federal Deposit Insurance Corp. to temporarily borrow as much as $500 billion from the Treasury for the agency's deposit insurance fund. The legislation, which was approved by 367-54, was originally introduced by Senate Banking Committee Chairman Christopher Dodd, D-Conn. The legislation also makes it easier for a borrower to qualify for the Hope for Homeowners program that was approved by Congress last year. The program, which seeks to help homeowners refinance, failed to attract sufficient interest last year. This modified program streamlines the process and provides incentive payments to loan servicers to participate. Another provision would allow renters of foreclosed properties to stay through their lease, or be given 90 days to vacate. The legislation moves to the Senate next.