ICBA and other groups sent a letter to the Federal Housing Finance Agency regarding President Donald Trump's  “Promoting Access to Mortgage Credit” executive order. ICBA and the other groups said they support the EO and urged FHFA to pursue these policy goals outlined in the order:

• Modernize appraisal regulations and guidance to expand the use of alternative valuation models, desktop and hybrid appraisals, and artificial intelligence valuation tools.

• Simplifying appraiser qualification requirements.

• Reduce appraisal requirements for low-risk transactions, including low loan-to-value refinancing and small-balance loans, and set clear appraisal timelines.