Press & News
Good things are happening.
Change Lending Names Madison Simm Chief Financial Officer
Change Lending is pleased to announce the appointment of Madison Simm as its Chief Financial Officer (“CFO”). Madison brings a wealth of experience and a proven track record of success in residential mortgage lending, servicing, and capital markets that will support...
Private equity and insurance companies piling into residential mortgages
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 Becomes a Member of the Federal Home Loan Bank of San Francisco
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 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...
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