Emergency Mortgage Support to Save the Home

Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as appropriate and consistent with suitable law, proposing changes to Regulation C to raise the property limit for exemption from HMDA information collection and reporting requirements for smaller banks, to leave out questions from the scope of HMDA, and to make sure that disclosures protect personal privacy and reduce concerns, including insufficiently customized, pricey, and complex software and training needed for reporting financial 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 Housing Financing Firm (FHFA) shall think about, as appropriate and constant with applicable law: (i) modifying capital policies, consistent with suitable risk-management requirements, to customize danger weights for all banks, including community banks and other smaller sized banks, for portfolio home loans, servicing rights, and storage facility credit lines to the material credit risk of the exposure; (ii) improving security assessment and transfer systems in between the Federal Reserve and Federal Home Mortgage Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to property home mortgage assets; (iv) developing targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and little residential home builders; (v) speeding up collateral boarding and appraisal procedures through standardized data and digital documentation; and (vi) refocusing the FHLBs' Economical Housing Program on faster-cycle execution and higher monetary leverage for small 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 firms, shall send a report to the Assistant to the President for Economic Policy and the Director of the Office of Management and Budget on the effectiveness of nationwide real estate financing markets.

Essential Advantages of 2026 Home Relief Initiatives

Sec. 5. 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, shall consider, as suitable and consistent with applicable law, modifying supervisory guidance both to omit one-to four-family property development and construction financing from commercial genuine estate concentration assistance and to ensure supervisory expectations support accountable building and 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 consider, as appropriate and constant with applicable law and their statutory authorities: (i) improving appraisal policies and assistance to expand the use of alternative evaluation designs, desktop and hybrid appraisals, and expert system assessment tools; (ii) simplifying appraiser credentials requirements; and (iii) lowering appraisal requirements for low-risk transactions, including 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 consistent with applicable law: (i) removing 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 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 shall think about, as proper and constant with suitable law: (i) lining up supervisory expectations to support portfolio mortgage servicing as a core neighborhood banking function; extending curefirst requirements to goodfaith servicing mistakes; streamlining loss mitigation requirements; and releasing a proposed guideline supplying exemptions from complicated home mortgage services for smaller sized banks; and (ii) ensuring that supervisory examinations of carrying out, prudently underwritten portfolio loans do not focus on technical defects or depend 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 shall consider, as appropriate and constant with suitable law, promoting a policy against enforcement actions for violations of consumer financial laws that: (i) discourages imposing civil financial charges, except where the underlying violations are willful, knowing, or reckless; (ii) thinks about great corporate conduct, including a bank's correction of good-faith, technical compliance errors; and (iii) allows institutions a reasonable opportunity for self-identification and remediation of suitable compliance matters.