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...
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...
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...
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...
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...
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...