Why Mortgage Relief Functions in 2026

Sec. 3. Modernization of Home Home Loan Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as appropriate and constant with appropriate law, proposing changes to Regulation C to raise the asset threshold for exemption from HMDA information collection and reporting requirements for smaller sized banks, to leave out queries from the scope of HMDA, and to guarantee that disclosures safeguard personal privacy and decrease problems, consisting of insufficiently customized, costly, and complex software and training required for reporting financial organizations.

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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 Real Estate Finance Agency (FHFA) will consider, as appropriate and consistent with appropriate law: (i) modifying capital policies, constant with suitable risk-management requirements, to tailor danger weights for all banks, consisting of neighborhood banks and other smaller banks, for portfolio home mortgages, maintenance rights, and storage facility credit lines to the product credit danger of the exposure; (ii) improving security evaluation and transfer systems between the Federal Reserve and Federal Mortgage Banks (FHLBs); (iii) broadening access to longerdated FHLB advances connected to domestic home loan assets; (iv) creating targeted FHLB liquidity programs for entrylevel real estate, owneroccupied purchase loans, and little residential contractors; (v) accelerating security boarding and evaluation procedures through standardized information and digital documentation; and (vi) refocusing the FHLBs' Inexpensive Housing Program on faster-cycle execution and greater monetary utilize 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 appropriate executive departments and agencies, will 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 efficiency of national real estate financing markets.

2026 Changes in Housing Assistance

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 think about, as suitable and constant with appropriate law, modifying supervisory assistance both to exclude one-to four-family residential advancement and building and construction lending from industrial realty concentration assistance and to guarantee supervisory expectations support accountable building lending by neighborhood 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 suitable and consistent with suitable law and their statutory authorities: (i) improving appraisal guidelines and assistance to broaden the usage of alternative evaluation models, desktop and hybrid appraisals, and expert system evaluation tools; (ii) streamlining appraiser qualification requirements; and (iii) reducing appraisal requirements for low-risk deals, including low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Digital 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 consistent with applicable law: (i) getting rid of unneeded wetsignature requirements for disclosures, applications, closing documents, and comparable documents; (ii) standardizing acceptance of electronic signatures, e-notes, and remote online notarization; and (iii) promoting digital mortgage requirements.

8. Servicing 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 constant with applicable law: (i) aligning supervisory expectations to support portfolio mortgage maintenance as a core community banking function; extending curefirst standards to goodfaith servicing mistakes; simplifying loss mitigation requirements; and providing a proposed guideline providing exemptions from complicated mortgage services for smaller banks; and (ii) making sure that supervisory evaluations of performing, prudently underwritten portfolio loans do not concentrate on technical defects or depend on developing 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 proper and constant with relevant law, promoting a policy versus enforcement actions for violations of consumer monetary laws that: (i) discourages enforcing civil monetary penalties, except where the underlying offenses are willful, knowing, or negligent; (ii) considers good business conduct, including a bank's correction of good-faith, technical compliance mistakes; and (iii) enables organizations a sensible chance for self-identification and remediation of appropriate compliance matters.