Emergency Housing Support to Protect Your Home

Modernization of Home Home Loan Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as appropriate and consistent with appropriate law, proposing modifications to Policy C to raise the possession limit for exemption from HMDA data collection and reporting requirements for smaller banks, to omit queries from the scope of HMDA, and to ensure that disclosures protect privacy and lower problems, including insufficiently customized, pricey, and complex software and training required for reporting financial institutions.

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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 Housing Financing Company (FHFA) will consider, as suitable and consistent with appropriate law: (i) modifying capital guidelines, consistent with suitable risk-management requirements, to tailor threat weights for all banks, consisting of community 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) updating security appraisal and transfer systems between the Federal Reserve and Federal Home Mortgage Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to residential home loan possessions; (iv) producing targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and small residential builders; (v) speeding up security boarding and valuation procedures through standardized information and digital documents; and (vi) refocusing the FHLBs' Budget Friendly Real estate Program on faster-cycle execution and higher financial utilize for small-scale and owner-occupied real estate projects.

(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 companies, will send a report to the Assistant to the President for Economic Policy and the Director of the Office of Management and Budget on the efficiency of national housing financing markets.

Major Benefits of 2026 Home Relief Programs

Sec. 5. Building 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 think about, as proper and constant with relevant law, modifying supervisory assistance both to leave out one-to four-family property advancement and building financing from business property concentration guidance and to ensure supervisory expectations support accountable construction loaning by community 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 proper and consistent with suitable law and their statutory authorities: (i) improving appraisal regulations and guidance to expand making use of alternative evaluation designs, desktop and hybrid appraisals, and artificial intelligence evaluation tools; (ii) simplifying appraiser qualification requirements; and (iii) lowering appraisal requirements for low-risk deals, including 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 will think about, as appropriate and constant with applicable law: (i) eliminating 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 loan requirements.

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 will consider, as proper and consistent with applicable law: (i) lining up supervisory expectations to support portfolio home loan servicing as a core community banking function; extending curefirst standards to goodfaith servicing mistakes; streamlining loss mitigation requirements; and providing a proposed rule offering exemptions from complicated home mortgage services for smaller sized banks; and (ii) guaranteeing that supervisory evaluations of performing, wisely underwritten portfolio loans do not concentrate on technical defects or rely on evolving 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 consider, as appropriate and constant with relevant law, promulgating a policy versus enforcement actions for infractions of consumer financial laws that: (i) dissuades enforcing civil monetary penalties, except where the underlying violations are willful, understanding, or careless; (ii) considers excellent corporate conduct, consisting of a bank's correction of good-faith, technical compliance mistakes; and (iii) enables organizations a reasonable opportunity for self-identification and removal of suitable compliance matters.