Effective Mortgage Planning Advice in 2026

Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as proper and constant with appropriate law, proposing modifications to Guideline C to raise the possession limit for exemption from HMDA information collection and reporting requirements for smaller banks, to leave out questions from the scope of HMDA, and to ensure that disclosures secure privacy and lower problems, including insufficiently customized, costly, and complex software and training required for reporting monetary organizations.

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4. Capital and Liquidity Alignment. (a) The Vice Chairman for Guidance 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 Real Estate Finance Agency (FHFA) shall think about, as appropriate and consistent with appropriate law: (i) modifying capital guidelines, constant with proper risk-management requirements, to tailor threat weights for all banks, consisting of neighborhood banks and other smaller sized banks, for portfolio home mortgages, servicing rights, and warehouse lines of credit to the material credit risk of the direct exposure; (ii) modernizing collateral valuation and transfer systems in between the Federal Reserve and Federal Mortgage Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to domestic home loan possessions; (iv) producing targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and small residential contractors; (v) speeding up security boarding and assessment procedures through standardized information and digital documentation; and (vi) refocusing the FHLBs' Inexpensive Real estate Program on faster-cycle execution and greater financial leverage for small-scale and owner-occupied housing projects.

(c) Within 120 days of the date of this order, the Director of the FHFA, in consultation with the heads of other pertinent executive departments and firms, will send a report to the Assistant to the President for Economic Policy and the Director of the Office of Management and Budget plan on the performance of nationwide real estate financing markets.

Immediate Housing Support to Protect the Home

Building and Real Estate Supply. (a) The Vice Chairman for Guidance 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 appropriate and constant with applicable law, revising supervisory assistance both to leave out one-to four-family domestic advancement and building financing from industrial genuine estate concentration assistance and to make sure supervisory expectations support responsible building lending by community banks.

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6. Appraisal Modernization. (a) The Vice Chairman for Supervision 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 consider, as proper and consistent with suitable law and their statutory authorities: (i) updating appraisal guidelines and guidance to expand making use of alternative assessment models, desktop and hybrid appraisals, and artificial intelligence appraisal tools; (ii) streamlining appraiser qualification requirements; and (iii) decreasing appraisal requirements for low-risk transactions, including low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Digital Mortgage Modernization. (a) The Secretary of Agriculture, the Secretary of HUD, the Secretary of VA, and the Director of the FHFA will consider, as proper and constant with suitable law: (i) eliminating unneeded wetsignature requirements for disclosures, applications, closing documents, and similar documents; (ii) standardizing acceptance of electronic signatures, e-notes, and remote online notarization; and (iii) promoting digital home loan requirements.

8. Maintenance and Supervisory Certainty. (a) The Secretary of HUD, the Vice Chairman for Guidance 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 appropriate and constant with appropriate law: (i) aligning supervisory expectations to support portfolio home mortgage servicing as a core neighborhood banking function; extending curefirst standards to goodfaith maintenance mistakes; simplifying loss mitigation requirements; and providing a proposed guideline providing exemptions from intricate mortgage services for smaller sized banks; and (ii) guaranteeing that supervisory examinations of carrying out, wisely underwritten portfolio loans do not focus on technical defects or count on progressing supervisory analyses.

9. Enforcement. (a) The Vice Chairman for Guidance 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 think about, as proper and constant with applicable law, promoting a policy against enforcement actions for infractions of consumer monetary laws that: (i) prevents enforcing civil financial penalties, other than where the underlying infractions are willful, understanding, or reckless; (ii) considers great business conduct, consisting of a bank's correction of good-faith, technical compliance mistakes; and (iii) allows institutions a reasonable chance for self-identification and remediation of proper compliance matters.