Emergency Mortgage Support to Save Your Home

Sec. 3. Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB will think about, as appropriate and consistent with applicable law, proposing changes to Regulation C to raise the property threshold for exemption from HMDA information collection and reporting requirements for smaller sized banks, to exclude inquiries from the scope of HMDA, and to make sure that disclosures protect personal privacy and lower concerns, consisting of insufficiently tailored, costly, and complex software and training needed for reporting banks.

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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 Finance Agency (FHFA) shall consider, as suitable and constant with relevant law: (i) revising 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, maintenance rights, and warehouse lines of credit to the material credit threat of the exposure; (ii) modernizing collateral evaluation and transfer systems between the Federal Reserve and Federal Home Loan Banks (FHLBs); (iii) broadening access to longerdated FHLB advances tied to domestic home loan properties; (iv) developing targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and small property contractors; (v) accelerating collateral boarding and evaluation procedures through standardized data and digital paperwork; and (vi) refocusing the FHLBs' Budget Friendly Housing Program on faster-cycle execution and higher monetary take advantage of for small-scale and owner-occupied housing jobs.

(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 firms, shall submit a report to the Assistant to the President for Economic Policy and the Director of the Workplace of Management and Budget plan on the effectiveness of national real estate finance markets.

Effective Debt Management Strategies in 2026

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 consider, as appropriate and constant with suitable law, revising supervisory assistance both to leave out one-to four-family domestic advancement and building and construction loaning from commercial genuine estate concentration guidance and to make sure supervisory expectations support responsible building and 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 shall consider, as appropriate and constant with appropriate law and their statutory authorities: (i) updating appraisal guidelines and guidance to broaden making use of alternative evaluation models, desktop and hybrid appraisals, and expert system evaluation tools; (ii) simplifying appraiser certification requirements; and (iii) minimizing 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 Farming, the Secretary of HUD, the Secretary of VA, and the Director of the FHFA will consider, as proper and constant with applicable law: (i) removing unneeded wetsignature requirements for disclosures, applications, closing files, and comparable documents; (ii) standardizing acceptance of electronic signatures, e-notes, and remote online notarization; and (iii) promoting digital mortgage standards.

8. Servicing 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 appropriate and consistent with suitable law: (i) aligning supervisory expectations to support portfolio home loan maintenance as a core community banking function; extending curefirst standards to goodfaith servicing mistakes; simplifying loss mitigation requirements; and providing a proposed guideline offering exemptions from intricate home loan services for smaller sized banks; and (ii) guaranteeing that supervisory evaluations of carrying out, wisely underwritten portfolio loans do not focus on technical flaws or count on progressing 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 proper and constant with appropriate law, promoting a policy versus enforcement actions for violations of consumer financial laws that: (i) dissuades imposing civil financial charges, except where the underlying violations are willful, understanding, or negligent; (ii) thinks about excellent corporate conduct, consisting of a bank's correction of good-faith, technical compliance mistakes; and (iii) allows institutions an affordable opportunity for self-identification and remediation of appropriate compliance matters.