First Look for First-time Homebuyers Act of 2026

This bill, known as the First Look for First-time Homebuyers Act of 2026, requires federal housing agencies and mortgage corporations to give first-time homebuyers priority access to foreclosed single-family homes for a 15-day period after they are listed for sale. During this window, properties must be priced based on independent appraisals or disclosed valuation models, listed on public websites with clear eligibility information, and cannot be bundled with other properties. The legislation also mandates regular reporting to Congress on sales data and requires internal audits to ensure compliance with these new requirements.