NAR Statement on President Trump’s Executive Order on Mortgage Lending

WASHINGTON (March 13, 2026) - Today, Shannon McGahn, executive vice president and chief advocacy officer of the National Association of Realtors®, issued the following statement after the President Trump signed an executive order to reduce regulatory burdens that have driven up mortgage costs:

"The National Association of REALTORS® welcomes efforts to expand access to mortgage credit and ensure that qualified homebuyers are not unnecessarily shut out of the market. Today's executive action by President Trump highlights the importance of reviewing regulatory barriers that can increase costs for borrowers and limit the ability of lenders to serve their local markets. We look forward to reviewing the executive order in more detail.

"REALTORS® know that access to affordable and responsible mortgage financing is essential to expanding homeownership and strengthening communities. As policymakers consider changes to the regulatory framework governing mortgage lending, it is critical that reforms both protect consumers and ensure that creditworthy buyers-particularly first-time buyers-have a clear path to homeownership.

"NAR looks forward to reviewing the proposals and to working with the Administration, Congress, and regulators to ensure that efforts to expand access to credit prove beneficial to consumers and are paired with policies that address the nation's housing supply challenges. Together, such efforts will help more Americans achieve the dream of homeownership."

About the National Association of Realtors®

The National Association of Realtors® is involved in all aspects of residential and commercial real estate. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes - from written buyer agreements to negotiating compensation - visit facts.realtor.

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