Press & News
Good things are happening.
Change Lending Approved for Membership in the Federal Home Loan Bank of San Francisco
March 13, 2024. Anaheim, CA. Change Lending, LLC (“Change”) announced today that the Federal Home Loan Bank of San Francisco (“FHLB-SF” or the “Bank”) has approved Change’s application for membership in the Bank. This decision was based on the determination that...
United States Treasury CDFI Fund Renews Change Lending’s CDFI Certification
February 7, 2024. Anaheim, CA. Change Lending, LLC (Change) is proud to announce that the United States Treasury Community Development Financial Institutions Fund (the “Treasury”) renewed Change’s CDFI Certification on February 7, 2024. The renewal followed the...
It’s a new day for lender serving minority and low-income communities
The United States Department of the Treasury recently took action to address one of the most persistent and frustrating structural problems facing America's minority and underbanked borrowers. By issuing clear guidance on fair lending practices, Treasury has addressed...
U.S. Treasury Confirms Change Lending is a Certified CDFI in Good Standing
Change and the U.S. Treasury Department entered into a global settlement agreement confirming Change is a certified CDFI in good standing with Treasury’s CDFI Fund. Treasury has deemed Change compliant with its CDFI lending obligations for 2023. Change to continue to...
CDFI Fact Sheet
Post Updated November 15, 2023 What is the status of Change’s Lawsuit Against the U.S. Treasury CDFI Fund? On November 15, 2023, Change Lending, LLC entered into a global settlement agreement with the United States Department of Treasury, Community Development...
Statement Relating to Lawsuit Against Adam Levine
The Change Company filed a lawsuit today against its former employee Adam Levine. The complaint is attached here. The lawsuit alleges that Levine committed fraud, intentional interference with contractual relations, and breach of contract to advance his scheme to...
Statement Regarding the Arrest of Adam Levine for Impersonating a Police Officer
Adam Levine is a former employee of The Change Company (Change) who has made numerous threats and allegations against the Company and its employees since March 2023. Because Change has received several inquiries about Levine’s actions, it provides this statement for...
The Change Company Issues its First AAA Rated Securitization Backed Exclusively by its Proprietary Community Mortgages
Securitization was comprised entirely of mortgage loans originated by Change Lending, a Community Development Financial Institution (CDFI) certified by the United States Department of the Treasury CDFI Fund. DBRS Morningstar rated the senior A1 class as AAA and the A2...
CFPB Must End Use of HMDA Data to Dox Consumers
Barron’s magazine and its reporter, Jacob Adelman, have admitted to using the Consumer Financial Protection Bureau’s (CFPB) public disclosure of Home Mortgage Disclosure Act (HMDA) data to identify individual Americans and investigate them. In an interview with The...
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