New Housing Assistance Programs to Help Homeowners

Sec. 3. Modernization of Home Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB shall consider, as suitable and consistent with applicable law, proposing changes to Guideline C to raise the possession limit for exemption from HMDA data collection and reporting requirements for smaller banks, to exclude queries from the scope of HMDA, and to ensure that disclosures safeguard privacy and reduce problems, consisting of insufficiently customized, costly, and complex software application and training needed for reporting banks.

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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 Housing Finance Agency (FHFA) shall consider, as proper and constant with appropriate law: (i) revising capital regulations, constant with suitable risk-management requirements, to customize threat weights for all banks, including community banks and other smaller sized banks, for portfolio home loans, servicing rights, and warehouse lines of credit to the material credit risk of the exposure; (ii) updating security valuation and transfer systems in between the Federal Reserve and Federal Home Loan Banks (FHLBs); (iii) broadening access to longerdated FHLB advances connected to residential home mortgage assets; (iv) creating targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and small domestic home builders; (v) speeding up security boarding and assessment procedures through standardized information and digital documentation; and (vi) refocusing the FHLBs' Budget-friendly Real estate Program on faster-cycle execution and greater financial leverage for small-scale 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 pertinent executive departments and firms, shall submit a report to the Assistant to the President for Economic Policy and the Director of the Workplace of Management and Spending plan on the effectiveness of national housing finance markets.

Essential Advantages of 2026 Home Relief Programs

Sec. 5. Construction and Real Estate 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 consider, as suitable and consistent with appropriate law, modifying supervisory assistance both to omit one-to four-family property development and building and construction financing from industrial realty concentration assistance and to ensure supervisory expectations support responsible construction lending by community 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 will consider, as appropriate and consistent with suitable law and their statutory authorities: (i) updating appraisal policies and guidance to broaden using alternative assessment models, desktop and hybrid appraisals, and artificial intelligence appraisal tools; (ii) simplifying appraiser certification requirements; and (iii) minimizing appraisal requirements for low-risk deals, including low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Sec. 7. 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 suitable and consistent with appropriate law: (i) getting rid of unneeded wetsignature requirements for disclosures, applications, closing documents, and similar files; (ii) standardizing acceptance of electronic signatures, e-notes, and remote online notarization; and (iii) promoting digital mortgage requirements.

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 will consider, as proper and constant with relevant law: (i) aligning supervisory expectations to support portfolio home mortgage maintenance as a core community banking function; extending curefirst standards to goodfaith servicing mistakes; streamlining loss mitigation requirements; and issuing a proposed rule supplying exemptions from intricate mortgage services for smaller sized banks; and (ii) ensuring that supervisory examinations of performing, prudently underwritten portfolio loans do not focus on technical flaws or rely 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 will think about, as proper and constant with suitable law, promoting a policy versus enforcement actions for offenses of consumer financial laws that: (i) discourages enforcing civil financial charges, except where the underlying offenses are willful, understanding, or careless; (ii) thinks about excellent business conduct, including a bank's correction of good-faith, technical compliance mistakes; and (iii) allows organizations a sensible opportunity for self-identification and removal of proper compliance matters.