President Donald Trump on Friday announced two executive orders that aim to increase the U.S. housing supply and consumer access to mortgage credit.

One of the orders directs various federal agencies — including the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) — to work together on reviewing and revising a number of regulations related to the permitting and construction of new homes.

A second order, among other things, seeks to expand the definition of qualified mortgages under the supervision of the Consumer Financial Protection Bureau (CFPB); creates tailored capital requirements details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com