On March 13, 2026, President Trump issued an Executive Order (EO) entitled, “Promoting Access to Mortgage Credit”. The EO called out regulatory changes over the past 20 years that have effectively increased the costs associated with mortgage origination and servicing, as well as, decreasing the number of banks participating in the mortgage lending space. The EO seeks to promote mortgage credit by easing the regulatory burdens placed on community banks ($30 billion or less in assets) and “smaller banks” ($100 billion or less in assets).
To achieve this the EO calls for changes to the requirements related to Ability to Repay (ATR)/Qualified Mortgage (QM), TILA/RESPA Integrated Disclosure Rules (TRID), mortgage servicing, right of rescission, HMDA data collection and reporting, appraisals and a lot more.
Published 2026/03/18