The Change Company Awarded $94M Judgment In Fight Over Allegedly Stolen Documents
Victory follows broader legal and regulatory turmoil
Tagged: Change
Change Lending Approved For Membership In Federal Home Loan Bank Of San Francisco
Change Lending, a CDFI, obtains membership approval from FHLB-SF after meeting all statutory requirements.
Change Lending Resolves U.S. Treasury Dispute, Continues to Serve Underserved Borrowers
Non-bank loan originator retains certified status, and pledges continued commitment to equal opportunity lending.
Change Lending Wins Temporary Reprieve On Decertification
Judge allows major loan originator to maintain its offerings until December, challenging CDFI Fund's move based on alleged miscalculations.
Change Wholesale Loses Treasury Designation As CDFI Lender
Community Development Financial Institution Fund certification revoked amidst lawsuit and loan program changes.
Ex-Employee Sues The Change Co., Claims It Falsifies CDFI Info
Former chief of staff to CEO says company is 'mischaracterizing the race, ethnicity, and income level' of borrowers.
Change Lending Issues Its 1st AAA-Rated Securitization
The $307M Non-QM offering is backed solely by its proprietary Community Mortgages.
DBRS Provisionally Rates CHNGE Mortgage Trust 2023-1
Loans in the $227M pool were all originated by Change, a Community Development Financial Institution.
Change Wholesale
Change Wholesale is the nation’s leading non-qualified mortgage (non-QM) lender and America’s largest Community Development Financial Institution (CDFI). Our CDFI certification from the U.S. Department of the Treasury allows us to offer proprietary programs that are tailored to meet the needs of prime borrowers who are commonly overlooked by traditional banks and other lenders.
Our flagship non-traditional program, the Community Mortgage, gives mortgage brokers an unfair advantage to close more loans faster than ever. It requires no income, employment, or DTI documentation. Prime borrowers looking for their dream home or vacation getaway can even get approved with just the first page of the bank statement.
Change Wholesale has an A investment grade credit rating, received its CDFI certification from the U.S. Department of the Treasury in 2018, and is an approved seller and servicer of VA, FHA, USDA, FHLMC, FNMA, and GNMA.
Learn more at ChangeWholesale.com and be sure to follow our social media pages.
Area of Focus
Helping mortgage brokers close more loans, faster.
States Licensed: AL AK AZ AR CA CO CT DC DE FL GA HI ID IL IN IA KS KY LA ME MD MI MN MS MT NE NV NH NJ NM NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY
