A Complete Guide to 2026 Relief

Sec. 3. Modernization of Home Home Loan Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as suitable and constant with relevant law, proposing modifications to Policy C to raise the property threshold for exemption from HMDA data collection and reporting requirements for smaller sized banks, to omit inquiries from the scope of HMDA, and to ensure that disclosures protect privacy and minimize burdens, consisting of insufficiently customized, pricey, and complex software application and training needed for reporting monetary organizations.

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4. Capital and Liquidity Positioning. (a) The Vice Chairman for Supervision of the Federal Reserve, the Chairman of the NCUA Board, the Chairperson of the Board of Directors of the FDIC, the Comptroller of the Currency, and the Director of the Federal Housing Financing Agency (FHFA) shall consider, as suitable and consistent with appropriate law: (i) revising capital guidelines, constant with proper risk-management requirements, to customize threat weights for all banks, consisting of community banks and other smaller banks, for portfolio mortgages, servicing rights, and warehouse lines of credit to the material credit risk of the direct exposure; (ii) improving collateral assessment and transfer systems between the Federal Reserve and Federal Home Loan Banks (FHLBs); (iii) broadening access to longerdated FHLB advances connected to property mortgage assets; (iv) creating targeted FHLB liquidity programs for entrylevel real estate, owneroccupied purchase loans, and little property builders; (v) speeding up collateral boarding and assessment procedures through standardized data and digital documentation; and (vi) refocusing the FHLBs' Affordable Housing Program on faster-cycle execution and greater financial leverage for small and owner-occupied real estate projects.

(c) Within 120 days of the date of this order, the Director of the FHFA, in assessment with the heads of other pertinent executive departments and companies, shall submit a report to the Assistant to the President for Economic Policy and the Director of the Workplace of Management and Spending plan on the efficiency of national housing financing markets.

Exploring Mortgage Refinance Options in 2026

Sec. 5. Building and Real Estate Supply. (a) The Vice Chairman for Supervision of the Federal Reserve, the Director of the CFPB, the Chairman of the NCUA Board, the Chairperson of the Board of Directors of the FDIC, and the Comptroller of the Currency, will consider, as proper and consistent with appropriate law, modifying supervisory guidance both to omit one-to four-family residential development and building loaning from industrial realty concentration guidance and to make sure supervisory expectations support responsible building financing by neighborhood banks.

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6. Appraisal Modernization. (a) The Vice Chairman for Guidance of the Federal Reserve, the Director of the CFPB, the Chairman of the NCUA Board, the Chairperson of Board of Directors of the FDIC, the Comptroller of the Currency, and the Director of the FHFA will think about, as appropriate and constant with applicable law and their statutory authorities: (i) improving appraisal policies and assistance to expand using alternative evaluation designs, desktop and hybrid appraisals, and expert system assessment tools; (ii) streamlining appraiser qualification requirements; and (iii) reducing appraisal requirements for low-risk transactions, including low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Sec. 7. Digital Home Loan Modernization. (a) The Secretary of Agriculture, the Secretary of HUD, the Secretary of VA, and the Director of the FHFA shall consider, as proper and consistent with relevant law: (i) removing unneeded wetsignature requirements for disclosures, applications, closing documents, and similar documents; (ii) standardizing approval of electronic signatures, e-notes, and remote online notarization; and (iii) promoting digital home mortgage standards.

8. Servicing and Supervisory Certainty. (a) The Secretary of HUD, the Vice Chairman for Supervision of the Federal Reserve, the Director of the CFPB, the Chairman of the NCUA Board, the Chairperson of the Board of Directors of the FDIC, and the Comptroller of the Currency will think about, as proper and consistent with suitable law: (i) aligning supervisory expectations to support portfolio home loan maintenance as a core neighborhood banking function; extending curefirst standards to goodfaith servicing mistakes; simplifying loss mitigation requirements; and issuing a proposed guideline supplying exemptions from intricate home mortgage services for smaller banks; and (ii) ensuring that supervisory assessments of carrying out, wisely underwritten portfolio loans do not concentrate on technical defects or rely on evolving supervisory interpretations.

9. Enforcement. (a) The Vice Chairman for Supervision of the Federal Reserve, the Director of the CFPB, the Chairman of the NCUA Board, the Chairperson of the Board of Directors of the FDIC, and the Comptroller of the Currency shall consider, as proper and consistent with applicable law, promoting a policy against enforcement actions for offenses of customer monetary laws that: (i) dissuades imposing civil monetary charges, except where the underlying violations are willful, knowing, or reckless; (ii) considers great business conduct, including a bank's correction of good-faith, technical compliance mistakes; and (iii) enables organizations a sensible chance for self-identification and remediation of proper compliance matters.