Press & News
Good things are happening.
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...
Read our Fact Sheet to learn about Change’s business practices and positive social impact
Change Lending (Change) is issuing this Fact Sheet to provide its stakeholders and strategic partners information on Change's business practices and positive social impact. i TOPIC #1: What borrowers are part of Change’s Target Markets – as certified by the United...
Treasury Makes Shocking Decision to Exclude Disabled Americans from CDFI Program
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...
Broad coalition of financial institutions support CDFI exemptions
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...
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