On July 9, 2026, the CFPB issued a notice of request for information about potential regulatory changes that may reduce regulatory burdens and promote access to mortgage credit, as appropriate and consistent with applicable law. Specifically, the CFPB is requesting information on industry and consumer burdens related to TILA-RESPA integrated disclosures (TRID), the right of rescission, and reverse mortgage disclosures.
The CFPB’s recent action is in response to Executive Order 14393, Promoting Access to Mortgage Credit, which aims to reduce unnecessary regulatory burdens that may limit access to mortgage credit. The CFPB stated that it will focus on lowering compliance costs associated with mortgage origination, facilitating greater participation by community banks in mortgage lending, and supporting broader access to credit for creditworthy borrowers. The CFPB is requesting information on the potential changes and requests that, where possible, comments include supporting data or other information on the advantages and disadvantages of suggested regulatory changes. All responses must be received by August 10, 2026.
The Notice can be found here.