After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. This increased flow of funds appears to be driven by strengthening macro factors that favor residential mortgages over...
Change Lending, LLC (“Change”) proudly announces it has become a member of the Federal Home Loan Bank (FHLB) of San Francisco as of May 6, 2024. This milestone marks a significant step forward in Change Lending’s commitment to serving underbanked and underserved...
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...
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...
In a shocking decision, the Department of the Treasury’s Community Development Financial Institutions Fund (the “CDFI Fund”) has denied a Community Development Financial Institution (“CDFI”) the ability to serve disabled Americans (the “Disabled”), including disabled...
Under President Trump, the United States Department of the Treasury sought to change fundamental rules relating to CDFI’s through the improper introduction of a proposal under the Paperwork Reduction Act. These new rules sought to eliminate the exemption CDFI’s enjoy...