Press & News
Good things are happening.
White Paper Improved Opportunities for Bank-CDFI Partnerships Under New CRA Rules
Significant changes to the Community Reinvestment Act (CRA) are set to take effect in 2026. The new rules will make purchasing CRA-eligible loans from a Community Development Financial Institution (CDFI) easier and more advantageous for banks than it was in the...
Treasury’s responsible lending standards are good for mortgage lenders
Treasury's Responsible Lending Standards are Good for Mortgage Lenders The United States Department of the Treasury recently adopted Responsible Lending Standards (RLS) for mortgage lenders. These common-sense practices allow lenders, investors, underwriters, and...
Treasury reaffirms important regulatory exemptions for CDFIs
The United States Department of Treasury recently adopted new rules for Community Development Financial Institutions (CDFI). These new rules remove all uncertainty relating to the ability of CDFIs to rely on the exemption from Regulation Z's Qualified Mortgage and...
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...
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