2026 Changes in Mortgage Relief

Sec. 3. Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB will think about, as proper and constant with suitable law, proposing changes to Policy 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 make sure that disclosures safeguard privacy and minimize problems, including insufficiently customized, expensive, and complex software application and training needed for reporting financial organizations.

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4. Capital and Liquidity Positioning. (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 Firm (FHFA) will think about, as suitable and consistent with relevant law: (i) modifying capital policies, constant with proper risk-management requirements, to tailor threat weights for all banks, including neighborhood banks and other smaller banks, for portfolio mortgages, servicing rights, and warehouse credit lines to the material credit danger of the exposure; (ii) modernizing collateral valuation and transfer systems in between the Federal Reserve and Federal Home Loan Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to residential home loan possessions; (iv) producing targeted FHLB liquidity programs for entrylevel real estate, owneroccupied purchase loans, and little property contractors; (v) accelerating collateral boarding and valuation processes through standardized data and digital paperwork; and (vi) refocusing the FHLBs' Economical Real estate Program on faster-cycle execution and higher financial leverage for small-scale and owner-occupied housing tasks.

(c) Within 120 days of the date of this order, the Director of the FHFA, in consultation with the heads of other appropriate executive departments and agencies, shall submit a report to the Assistant to the President for Economic Policy and the Director of the Office of Management and Budget on the effectiveness of national real estate financing markets.

Emergency Mortgage Help to Save Your Home

Building And Construction 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, shall consider, as appropriate and consistent with relevant law, modifying supervisory guidance both to exclude one-to four-family property advancement and building financing from industrial genuine estate concentration assistance and to guarantee supervisory expectations support accountable building loaning 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 shall think about, as appropriate and consistent with suitable law and their statutory authorities: (i) modernizing appraisal policies and assistance to broaden using alternative valuation designs, desktop and hybrid appraisals, and expert system valuation tools; (ii) streamlining appraiser certification requirements; and (iii) reducing appraisal requirements for low-risk transactions, consisting of low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Sec. 7. Digital Mortgage Modernization. (a) The Secretary of Agriculture, the Secretary of HUD, the Secretary of VA, and the Director of the FHFA shall think about, as suitable and constant with suitable law: (i) removing unneeded wetsignature requirements for disclosures, applications, closing files, and comparable files; (ii) standardizing approval of electronic signatures, e-notes, and remote online notarization; and (iii) promoting digital mortgage standards.

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 will think about, as proper and consistent with applicable law: (i) lining up supervisory expectations to support portfolio home loan servicing as a core neighborhood banking function; extending curefirst standards to goodfaith maintenance mistakes; streamlining loss mitigation requirements; and issuing a proposed rule offering exemptions from complex home mortgage services for smaller sized banks; and (ii) ensuring that supervisory examinations of performing, prudently underwritten portfolio loans do not concentrate on technical flaws or count on evolving supervisory analyses.

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 will consider, as appropriate and consistent with appropriate law, promulgating a policy versus enforcement actions for offenses of customer financial laws that: (i) dissuades imposing civil financial charges, other than where the underlying offenses are willful, knowing, or negligent; (ii) considers excellent business conduct, including a bank's correction of good-faith, technical compliance mistakes; and (iii) permits institutions a sensible opportunity for self-identification and remediation of suitable compliance matters.