CBCF EXECUTIVE ORDER TRACKER
Promoting Access to Mortgage Credit Executive Order #14393 Date Issued: March 13, 2026 Topic: Economic Opportunity, Housing
WHAT DOES THIS EXECUTIVE ORDER DO? This executive order directs federal financial regulators to review and revise existing mortgage lending rules in order to expand access to credit and reduce regulatory burdens on lenders, particularly community and smaller banks. The order states that regulations put in place following the 2008 financial crisis, especially under the Dodd-Frank Act, have increased compliance costs, discouraged bank participation in mortgage lending, and limited access to credit for certain borrowers. In addition, it states that these enforcement changes are intended to reduce regulatory risk for lenders and encourage greater participation in mortgage lending, particularly among smaller institutions, while shifting oversight toward addressing material harm rather than technical violations - an approach that also weakens consumer protections for borrowers. The order establishes a policy framework aimed at increasing the availability and affordability of mortgage credit by promoting competition among lenders, modernizing lending practices, and encouraging greater participation by community banks in the housing finance market.
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