What: On July 9, 2026, the Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) regarding potential regulatory changes that may reduce regulatory burdens and promote access to mortgage credit. The RFI asks the public to identify regulatory provisions that may be increasing costs, slowing mortgage origination, or otherwise making it harder for creditworthy borrowers to obtain mortgage loans.
Why: The RFI was issued in response to Executive Order (EO) 14393, Promoting Access to Mortgage Credit, which was signed on March 13, 2026. The EO states that statutory and regulatory burdens over the past two decades have increased compliance costs and reduced community bank participation in mortgage lending, contributing to reduced access to credit for some borrowers. As a result, the EO directs the CFPB to consider whether amendments to Regulation Z, implemented by the Truth in Lending Act, and Regulation X, implemented by the Real Estate Settlement Procedures Act, could help reduce those burdens and improve mortgage access. The CFPB also requests that comments provide supporting data or other information on the advantages and disadvantages of suggested regulatory changes. The comments will help the CFPB decide whether future rulemaking is appropriate and, if so, where it should focus.
Action: Read the proposed rules and submit comments before the August 10, 2026, deadline.
REQUEST FOR INFORMATION:
Request for Information Regarding Promoting Access to Mortgage Credit
EXECUTIVE ORDER 14393:
Promoting Access to Mortgage Credit
CONTACT: John Vatian
EMAIL: john.vatian@sba.gov
Is your small business or entity being impacted by a proposed rule? If yes, write a comment letter to the proposing agency.