White House Deregulation Push Aims to Broaden Mortgage Access
TL;DR Summary
President Trump signed an Executive Order to reduce mortgage-regulatory burdens, directing the CFPB to tailor rules for smaller banks, modernize HMDA, ease appraisal requirements, and expand digital mortgage tools to lower costs and expand access for rural, first-time, and low-/moderate-income borrowers, while boosting competition in the mortgage market and citing ongoing deregulation initiatives.
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