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Change Lending, a CDFI, obtains membership approval from FHLB-SF after meeting all statutory requirements.
Non-bank loan originator retains certified status, and pledges continued commitment to equal opportunity lending.
Judge allows major loan originator to maintain its offerings until December, challenging CDFI Fund's move based on alleged miscalculations.
Community Development Financial Institution Fund certification revoked amidst lawsuit and loan program changes.
Former chief of staff to CEO says company is 'mischaracterizing the race, ethnicity, and income level' of borrowers.
The $307M Non-QM offering is backed solely by its proprietary Community Mortgages.
