Ways to Handle Mortgage Debt Smartly in 2026

Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB will think about, as appropriate and constant with appropriate law, proposing modifications to Policy C to raise the property threshold for exemption from HMDA data collection and reporting requirements for smaller sized banks, to exclude inquiries from the scope of HMDA, and to guarantee that disclosures secure personal privacy and reduce burdens, including insufficiently tailored, expensive, and complex software and training required for reporting monetary organizations.

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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 Finance Firm (FHFA) shall consider, as suitable and constant with appropriate law: (i) modifying capital regulations, constant with appropriate risk-management requirements, to tailor danger weights for all banks, consisting of neighborhood banks and other smaller sized banks, for portfolio home mortgages, maintenance rights, and warehouse lines of credit to the material credit threat of the direct exposure; (ii) modernizing collateral evaluation and transfer systems in between the Federal Reserve and Federal Home Mortgage Banks (FHLBs); (iii) broadening access to longerdated FHLB advances tied to residential home loan properties; (iv) creating targeted FHLB liquidity programs for entrylevel real estate, owneroccupied purchase loans, and small residential contractors; (v) accelerating security boarding and evaluation procedures through standardized data and digital documents; and (vi) refocusing the FHLBs' Inexpensive Housing Program on faster-cycle execution and greater monetary utilize 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 agencies, 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 performance of national real estate financing markets.

Emergency Mortgage Support to Save Your Home

Building and Housing Supply. (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 proper and consistent with suitable law, revising supervisory guidance both to leave out one-to four-family residential advancement and building lending from industrial genuine estate concentration guidance and to guarantee supervisory expectations support accountable construction loaning by neighborhood 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 shall think about, as appropriate and constant with applicable law and their statutory authorities: (i) modernizing appraisal regulations and guidance to broaden using alternative valuation models, desktop and hybrid appraisals, and expert system valuation tools; (ii) streamlining appraiser credentials requirements; and (iii) minimizing appraisal requirements for low-risk deals, consisting of low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Digital Home Loan Modernization. (a) The Secretary of Farming, the Secretary of HUD, the Secretary of VA, and the Director of the FHFA will think about, as proper and constant with suitable law: (i) getting rid of unneeded wetsignature requirements for disclosures, applications, closing documents, and comparable files; (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 suitable and constant with appropriate law: (i) aligning supervisory expectations to support portfolio home loan maintenance as a core neighborhood banking function; extending curefirst standards to goodfaith servicing mistakes; streamlining loss mitigation requirements; and providing a proposed rule providing exemptions from intricate mortgage services for smaller banks; and (ii) making sure that supervisory evaluations of performing, prudently underwritten portfolio loans do not concentrate on technical flaws or depend on evolving 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 shall consider, as proper and constant with appropriate law, promulgating a policy versus enforcement actions for violations of customer financial laws that: (i) prevents enforcing civil financial penalties, except where the underlying offenses are willful, knowing, or reckless; (ii) considers good business conduct, including a bank's correction of good-faith, technical compliance errors; and (iii) enables institutions a sensible chance for self-identification and remediation of appropriate compliance matters.