Immediate Housing Support to Save Your Home

Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as proper and consistent with relevant law, proposing amendments to Guideline C to raise the possession threshold for exemption from HMDA data collection and reporting requirements for smaller banks, to leave out queries from the scope of HMDA, and to make sure that disclosures protect personal privacy and decrease concerns, including insufficiently tailored, expensive, and complex software and training needed for reporting financial institutions.

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4. Capital and Liquidity Alignment. (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 Real Estate Financing Firm (FHFA) shall consider, as proper and consistent with relevant law: (i) revising capital guidelines, consistent with suitable risk-management requirements, to customize threat weights for all banks, consisting of neighborhood banks and other smaller banks, for portfolio home loans, servicing rights, and storage facility credit lines to the product credit threat of the exposure; (ii) updating collateral valuation and transfer systems in between the Federal Reserve and Federal Mortgage Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to property home loan possessions; (iv) producing targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and little residential contractors; (v) accelerating collateral boarding and appraisal processes through standardized data and digital documents; and (vi) refocusing the FHLBs' Economical Housing Program on faster-cycle execution and higher financial take advantage of for small-scale and owner-occupied real estate tasks.

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

Key Benefits of 2026 Mortgage Relief Initiatives

Sec. 5. Construction and Housing 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, modifying supervisory assistance both to exclude one-to four-family domestic development and construction financing from industrial property concentration assistance and to make sure supervisory expectations support accountable construction 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 think about, as appropriate and consistent with appropriate law and their statutory authorities: (i) updating appraisal guidelines and assistance to expand using alternative assessment models, desktop and hybrid appraisals, and synthetic intelligence evaluation tools; (ii) simplifying appraiser certification requirements; and (iii) reducing appraisal requirements for low-risk deals, consisting of low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

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

8. Maintenance 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 shall think about, as proper and consistent with appropriate law: (i) lining up supervisory expectations to support portfolio home loan servicing as a core neighborhood banking function; extending curefirst standards to goodfaith maintenance errors; simplifying loss mitigation requirements; and releasing a proposed guideline supplying exemptions from complex home loan services for smaller sized banks; and (ii) making sure that supervisory assessments of performing, prudently underwritten portfolio loans do not focus on technical defects or rely on developing 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 will think about, as appropriate and consistent with suitable law, promoting a policy versus enforcement actions for violations of consumer financial laws that: (i) dissuades enforcing civil monetary charges, except where the underlying infractions are willful, understanding, or negligent; (ii) considers great corporate conduct, consisting of a bank's correction of good-faith, technical compliance mistakes; and (iii) allows institutions an affordable chance for self-identification and removal of appropriate compliance matters.