Non-bank originator Change Lending will continue to originate non-qualified mortgages (non-QMs) for underserved borrowers after it reached a tentative deal with the U.S. Department of Treasury that ...

The Treasury Department Friday issued a long-awaited revision to its community development financial institution certification process, a move that CDFI advocates say provides much-needed updates to ...

Excite Credit Union in San Jose, California, has been certified as a community development financial institution. The $650 million-asset Excite announced Monday that it received its CDFI certification ...

Hawaii Federal Credit Union, which was already offering products and services to residents who needed second chances, became certified more than seven years ago, says Steve Goo, president and CEO. The ...

HUDSON — The Hudson Valley AgriBusiness Development Corporation (HVADC) was recently certified as a Community Development Financial Institution (CDFI) with a focus on lending to farm and food ...

ANAHEIM, Calif.--(BUSINESS WIRE)--Change Lending, LLC (“Change”) announced today that it has entered into a global settlement agreement with the United States Department of Treasury, Community ...

SAN DIEGO, May 24, 2023 /PRNewswire/ -- North Island Credit Union announced today that it is the first credit union in San Diego County to receive certification as a Community Development Financial ...

FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of ...

A community development financial institution (CDFI) is a private-sector company that seeks to provide economic assistance to underserved communities by offering financial services, loans, and ...

GLENDALE, Calif., May 24, 2023 /PRNewswire/ -- California Credit Union announced today that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury ...