New Federal Grants for Families

Modernization of Home Home Loan Disclosure Act (HMDA) Data Collection and Disclosure. (a) The CFPB will think about, as suitable and consistent with appropriate law, proposing amendments to Policy C to raise the property threshold for exemption from HMDA data collection and reporting requirements for smaller banks, to omit questions from the scope of HMDA, and to make sure that disclosures safeguard personal privacy and minimize problems, including insufficiently tailored, expensive, and complex software application and training required for reporting financial organizations.

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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 Financing Company (FHFA) will consider, as proper and constant with suitable law: (i) revising capital regulations, constant with appropriate risk-management requirements, to tailor threat weights for all banks, consisting of neighborhood banks and other smaller sized banks, for portfolio home loans, maintenance rights, and storage facility credit lines to the product credit danger of the direct exposure; (ii) improving collateral assessment and transfer systems between the Federal Reserve and Federal Mortgage Banks (FHLBs); (iii) expanding access to longerdated FHLB advances tied to residential home loan properties; (iv) producing targeted FHLB liquidity programs for entrylevel housing, owneroccupied purchase loans, and little domestic builders; (v) speeding up collateral boarding and assessment processes through standardized information and digital documentation; and (vi) refocusing the FHLBs' Economical Housing Program on faster-cycle execution and greater financial leverage for small and owner-occupied housing jobs.

(c) Within 120 days of the date of this order, the Director of the FHFA, in consultation with the heads of other relevant executive departments and companies, will 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 efficiency of national real estate finance markets.

Strategies to Stop Home Loss in 2026

Building And Construction and Real Estate 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 suitable and consistent with suitable law, modifying supervisory guidance both to exclude one-to four-family property advancement and building loaning from industrial genuine estate concentration assistance and to make sure supervisory expectations support accountable building and construction financing 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 will think about, as appropriate and consistent with applicable law and their statutory authorities: (i) improving appraisal guidelines and assistance to expand the use of alternative appraisal designs, desktop and hybrid appraisals, and artificial intelligence assessment tools; (ii) streamlining appraiser credentials requirements; and (iii) reducing appraisal requirements for low-risk deals, consisting of low loan-to-value refinancing and smallbalance loans; and setting clear appraisal timelines.

Digital Home 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 suitable and constant with relevant law: (i) getting rid of unneeded wetsignature requirements for disclosures, applications, closing documents, and similar 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 consider, as proper and constant with applicable law: (i) lining up supervisory expectations to support portfolio mortgage servicing as a core community banking function; extending curefirst requirements to goodfaith maintenance mistakes; streamlining loss mitigation requirements; and providing a proposed guideline supplying exemptions from intricate home mortgage services for smaller sized banks; and (ii) ensuring that supervisory assessments of performing, wisely underwritten portfolio loans do not focus on technical problems or rely on evolving supervisory interpretations.

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 suitable and constant with appropriate law, promulgating a policy against enforcement actions for violations of consumer monetary laws that: (i) dissuades enforcing civil financial penalties, other than where the underlying infractions are willful, knowing, or negligent; (ii) considers good corporate conduct, consisting of a bank's correction of good-faith, technical compliance mistakes; and (iii) allows institutions a sensible opportunity for self-identification and remediation of appropriate compliance matters.