On March 13, 2026, President Trump signed an executive order titled “Promoting Access to Mortgage Credit,” directing federal financial regulators to consider a broad set of revisions to the mortgage regulatory framework. The order is the most comprehensive signal to date that the administration intends to revisit core elements of the post-Dodd-Frank compliance infrastructure governing mortgage origination and servicing, with a particular focus on reducing burdens for community banks (institutions with fewer than $30 billion in assets) and “smaller banks” (those with fewer than $100 billion in assets).
The order does not itself amend any existing statute or regulation. Rather, it directs the Consumer Financial Protection Bureau (CFPB), the Federal Housing Finance Agency (FHFA), and other federal banking regulators to consider a detailed set of potential reforms, many of which would require notice-and-comment rulemaking. Nonetheless, the scope of the order is significant, and financial
