Strategic Mortgage Planning Advice in 2026

Sec. 3. Modernization of Home Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as appropriate and constant with suitable law, proposing changes to Guideline C to raise the asset threshold for exemption from HMDA data collection and reporting requirements for smaller banks, to omit questions from the scope of HMDA, and to guarantee that disclosures safeguard personal privacy and minimize concerns, including insufficiently customized, costly, and complex software application and training needed for reporting banks.

apfsc.org

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 Financing Agency (FHFA) will consider, as appropriate and consistent with appropriate law: (i) revising capital guidelines, constant with suitable risk-management requirements, to tailor risk weights for all banks, including neighborhood banks and other smaller banks, for portfolio mortgages, servicing rights, and warehouse lines of credit to the material credit danger of the direct exposure; (ii) modernizing security valuation and transfer systems in between the Federal Reserve and Federal Home Loan Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to property home mortgage properties; (iv) creating targeted FHLB liquidity programs for entrylevel real estate, owneroccupied purchase loans, and small domestic contractors; (v) speeding up collateral boarding and valuation processes through standardized information and digital documents; and (vi) refocusing the FHLBs' Affordable Real estate Program on faster-cycle execution and higher monetary leverage for small and owner-occupied real estate 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 companies, will send a report to the Assistant to the President for Economic Policy and the Director of the Workplace of Management and Budget on the efficiency of nationwide real estate financing markets.

Comparing Mortgage Refinance Options in 2026

Construction 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 think about, as appropriate and consistent with suitable law, revising supervisory guidance both to leave out one-to four-family domestic development and construction lending from commercial real estate concentration assistance and to ensure supervisory expectations support responsible building loaning 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 shall think about, as proper and consistent with applicable law and their statutory authorities: (i) updating appraisal policies and assistance to expand making use of alternative assessment models, desktop and hybrid appraisals, and expert system assessment tools; (ii) simplifying appraiser credentials requirements; and (iii) minimizing appraisal requirements for low-risk transactions, 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 will think about, as proper and consistent with appropriate law: (i) eliminating unnecessary 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 home 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 suitable and constant with appropriate law: (i) lining up supervisory expectations to support portfolio home mortgage maintenance as a core community banking function; extending curefirst requirements to goodfaith maintenance mistakes; streamlining loss mitigation requirements; and issuing a proposed rule supplying exemptions from intricate home loan services for smaller sized banks; and (ii) making sure that supervisory examinations of performing, wisely underwritten portfolio loans do not concentrate on technical problems or rely on developing 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 will think about, as suitable and consistent with suitable law, promulgating a policy versus enforcement actions for infractions of consumer monetary laws that: (i) dissuades imposing civil monetary charges, except where the underlying violations are willful, understanding, or careless; (ii) thinks about good corporate conduct, including a bank's correction of good-faith, technical compliance mistakes; and (iii) allows institutions a reasonable chance for self-identification and remediation of suitable compliance matters.