The community development financial institution won a lawsuit against its former chief of staff, Adam Levine, over a multi-million-dollar extortion scheme.

A new reperforming loan securitization from MFA Financial includes loans originated through Change Lending’s low-documentation program.

EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.

Originations of higher-priced loans, a proxy for subprime mortgages, declined in 2023 but held up better than total originations. (Includes two data tables.)

Carrington promotes CFO to CEO; FHLB of San Francisco approves Change Lending for membership.

The revised CDFI certification process will improve lender accountability and streamline the application process.

Change has ensured its CDFI status through 2025 following an agreement with the CDFI Fund.

Change Lending has come to an agreement-in-principle with the CDFI Fund to regain its CDFI good-standing status.

Expanded-credit mortgage securitizations picked up in the third quarter of this year as second-rung players increased their participation in the market. (Includes three data tables.)