Executive Order 14393: Promoting Access to Mortgage Credit

What the order contains

Section headings exactly as they appear in the official text.

• Sec. 1. Purpose
• Sec. 2. Origination and Ability-to-Repay (ATR)/ Qualified Mortgage (QM) Reform
• Sec. 3. Modernization of Home Mortgage Disclosure Act (HMDA) Data Collection and Disclosure
• Sec. 4. Capital and Liquidity Alignment
• Sec. 5. Construction and Housing Supply
• Sec. 6. Appraisal Modernization
• Sec. 7. Digital Mortgage Modernization
• Sec. 8. Servicing and Supervisory Certainty
• Sec. 9. Enforcement
• Sec. 10. Duplicative or Unnecessary Licensing Requirements
• Sec. 11. General Provisions

Section 1, quoted from the order

Verbatim text from the signed document. These are the words of the document, not SaveYourState’s.

Every American seeking to buy a home should have access to a mortgage from a reliable lender, at a rate commensurate with his or her creditworthiness. Over the past two decades, however, statutory and regulatory changes--including rules adopted under the Dodd-Frank Act, Public Law 111-203, and subsequent rulemakings--have increased the compliance costs of mortgage origination and servicing and distorted the structure of the mortgage market. These burdens have contributed to a significant decline in bank participation in mortgage lending. Community banks, generally institutions with fewer than $30 billion in assets, have been especially affected. […]