Future Changes in Housing Relief

Sec. 3. Modernization of Home Home Loan Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as suitable and constant with relevant law, proposing modifications to Policy C to raise the possession limit for exemption from HMDA data collection and reporting requirements for smaller sized banks, to leave out inquiries from the scope of HMDA, and to make sure that disclosures safeguard privacy and lower problems, including insufficiently tailored, expensive, and complex software application and training required for reporting financial institutions.

apfsc.org

4. Capital and Liquidity Positioning. (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 Real Estate Finance Company (FHFA) shall consider, as proper and consistent with relevant law: (i) modifying capital guidelines, consistent with proper risk-management requirements, to customize threat weights for all banks, consisting of community banks and other smaller sized banks, for portfolio mortgages, servicing rights, and storage facility lines of credit to the material credit risk of the exposure; (ii) updating collateral evaluation and transfer systems between the Federal Reserve and Federal Home Mortgage Banks (FHLBs); (iii) broadening access to longerdated FHLB advances tied to domestic mortgage possessions; (iv) creating targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and little property contractors; (v) accelerating collateral boarding and assessment processes through standardized information and digital paperwork; and (vi) refocusing the FHLBs' Budget-friendly Real estate Program on faster-cycle execution and higher monetary leverage for small-scale and owner-occupied housing projects.

(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 companies, will send a report to the Assistant to the President for Economic Policy and the Director of the Office of Management and Budget plan on the efficiency of nationwide real estate finance markets.

2026 Trends in Housing Relief

Sec. 5. Building And 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, shall consider, as suitable and constant with relevant law, revising supervisory assistance both to exclude one-to four-family domestic development and building and construction financing from business genuine estate concentration assistance and to make sure supervisory expectations support accountable building lending by community banks.

apfsc.org

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 will think about, as suitable and constant with applicable law and their statutory authorities: (i) updating appraisal regulations and assistance to expand using alternative valuation models, desktop and hybrid appraisals, and artificial intelligence evaluation tools; (ii) simplifying appraiser credentials requirements; and (iii) lowering appraisal requirements for low-risk transactions, consisting of low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Digital Mortgage 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 consistent with suitable law: (i) removing unneeded wetsignature requirements for disclosures, applications, closing documents, and comparable files; (ii) standardizing acceptance 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 suitable law: (i) aligning supervisory expectations to support portfolio home mortgage servicing as a core neighborhood banking function; extending curefirst standards to goodfaith servicing mistakes; simplifying loss mitigation requirements; and releasing a proposed rule offering exemptions from intricate mortgage services for smaller banks; and (ii) ensuring that supervisory evaluations of carrying out, prudently underwritten portfolio loans do not focus on technical defects or rely on evolving supervisory analyses.

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 offenses of consumer monetary laws that: (i) prevents imposing civil financial penalties, except where the underlying offenses are willful, knowing, or negligent; (ii) considers great business conduct, including a bank's correction of good-faith, technical compliance mistakes; and (iii) allows institutions a reasonable opportunity for self-identification and remediation of proper compliance matters.