If the Executive Order (EO) entitled, “Promoting Access to Mortgage Credit” missed your radar, it’s definitely worth a read. The EO states …It is the policy of the United States to improve the availability and affordability of mortgage credit; tailor rules for community banks and “smaller banks” (banks with assets fewer than $100 billion); reduce the regulatory burden on community banks and otherwise facilitate community bank engagement in mortgage activity; foster innovation, growth, and consumer choice in the mortgage market; modernize origination and closing standards to reduce lending costs; remove regulatory distortions to the structure of the mortgage market and to ensure capital and liquidity frameworks subject similar credit and liquidity risks to similar regulation across the system; promote competition among mortgage lenders of all charter types to drive down mortgage rates; and strengthen housing-finance liquidity. To achieve this, the EO directs the CFPB and other Agencies to consider potentially significant changes to a variety of regulations all with the goal of reducing the compliance burden related to mortgage lending, especially for smaller institutions.
Published 2026/04/02
