Executive order on housing costs: mortgage-insurance and title-insurance pilots

The order directs the FHFA Director, if he determines it is in the best interests of Fannie Mae, Freddie Mac or the FHFA, to have them set up a pilot that identifies borrowers who may qualify for "cancellation of mortgage insurance". It creates a Task Force on Manufactured Housing Innovation co-chaired by the HUD Secretary and the FHFA Director. Under the same condition, the Director is to have them expand a title acceptance pilot into "an ongoing program, available nationwide" for eligible refinance transactions. It tells the Agriculture and Veterans Affairs Secretaries to "reduce the interest rates charged on single-family home loans made directly by their respective departments", consistent with law and available funds.