Articles from Change Lending, LLC

Change Lending, LLC (“Change Lending”), the wholly owned subsidiary of The Change Company CDFI LLC (“Change”), and Profitr Holdings, Inc. (“Profitr”) today announced a long-term strategic partnership to launch a blockchain-native marketplace for tokenized residential mortgage loans.

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 borrowers and communities.

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 Change satisfied all statutory requirements for membership – including those relating to capital, profitability, and liquidity. Change’s membership will become effective upon Change’s acquisition of capital stock in the FHLB-SF.

Change Lending, LLC (“Change”) announced today that it has entered into a global settlement agreement with the United States Department of Treasury, Community Development Financial Institutions Fund (“Treasury”) that resolves its claims relating to Change Lending, LLC v. United States Department of the Treasury, Community Development Financial Institutions Fund. The settlement confirms that Change is and remains a certified CDFI in good standing with the Treasury and provides Change a release from future claims relating to the dispute.