THE CHANGE COMPANY

Steven A. Sugarman Speaks at 74th Annual NAREB Convention on Expanding Black Homeownership

Retrieved on: 
Wednesday, July 28, 2021

The Change Company, Americas Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio.

Key Points: 
  • The Change Company, Americas Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio.
  • Mr. Sugarman said, It was an honor to address the 74th Annual NAREB Convention and participate in their Legislative Forum: Advocacy in Action.
  • I look forward to working with the NAREB as they advocate for legislation and regulatory change designed to increase Black homeownership.
  • The 74th annual NAREB Convention brings hundreds of Black professionals in the real estate industry together for training, networking, and career support.

The Change Company Wins Best Leadership Team Award

Retrieved on: 
Wednesday, July 21, 2021

The Change Company was ranked #3 among small to midsized businesses in the category Best Leadership Team 2021 , ranking at the top amongst the thousands of banking, fintech, and mortgage companies rated.

Key Points: 
  • The Change Company was ranked #3 among small to midsized businesses in the category Best Leadership Team 2021 , ranking at the top amongst the thousands of banking, fintech, and mortgage companies rated.
  • The Change Company empowers homeowners, small businesses, and consumers to pursue their American dreams by bringing social and racial equity to banking and lending.
  • The Change Companys team has built businesses that have lent over $50 billion to over 250,000 borrowers and provided financial services to over two million Americans.
  • Since launching in 2016, Comparably has accumulated 10 million ratings on 60,000 U.S. companies.

Change Home Mortgage Names Jon Irvine Chief Production Officer

Retrieved on: 
Tuesday, July 6, 2021

The Change Company, Americas Community Development Financial Institution (CDFI), is pleased to announce the appointment of Jon Irvine as Chief Production Officer of its mortgage banking subsidiary Change Home Mortgage.

Key Points: 
  • The Change Company, Americas Community Development Financial Institution (CDFI), is pleased to announce the appointment of Jon Irvine as Chief Production Officer of its mortgage banking subsidiary Change Home Mortgage.
  • Mr. Irvine reports to Change Home Mortgage President Ted Ray, who said, "Jon is a seasoned sales leader with a proven track record of growing originations, as well as building and coaching world-class teams.
  • Jon is the ideal person to help lead Change Home Mortgage through our next stage of growth and we are very pleased he has joined our team.
  • Mr. Irvine most recently served as the Chief Strategy Officer for Sovereign Lending Group and as a Senior Vice President at Mr. Cooper Group, Inc.
    Im excited to be joining The Change Company.

The Change Company Acquires Connect Escrow

Retrieved on: 
Wednesday, April 28, 2021

b'The Change Company, America\xe2\x80\x99s Community Development Financial Institution (CDFI), announced today it has acquired the woman-owned and operated real estate escrow services company Connect Escrow, Inc. (\xe2\x80\x9cConnect Escrow\xe2\x80\x9d).\nLeanne Alva, Connect Escrow\xe2\x80\x99s Chief Executive Officer, said, \xe2\x80\x9cWe are excited to join The Change Company and become part of America\xe2\x80\x99s CDFI.

Key Points: 
  • b'The Change Company, America\xe2\x80\x99s Community Development Financial Institution (CDFI), announced today it has acquired the woman-owned and operated real estate escrow services company Connect Escrow, Inc. (\xe2\x80\x9cConnect Escrow\xe2\x80\x9d).\nLeanne Alva, Connect Escrow\xe2\x80\x99s Chief Executive Officer, said, \xe2\x80\x9cWe are excited to join The Change Company and become part of America\xe2\x80\x99s CDFI.
  • Connect will continue to be managed by its existing team.\nJeff Seabold, co-founder of The Change Company, said, \xe2\x80\x9cWe are thrilled to welcome Leanne Alva and her team at Connect Escrow to The Change Company.
  • The Change Company is excited to empower Leanne and her team at Connect Escrow.\xe2\x80\x9d\nThe Change Company maintains an investment grade credit rating and is a CDFI certified by the United States Department of the Treasury.
  • The Change Company and its affiliates provide lending, banking, appraisal management, escrow, and insurance services to the underbanked.\nThe Change Company was represented by the law firms Gaynor Law Group, P.C.

Commerce Home Mortgage Has a New Name: Change Home Mortgage

Retrieved on: 
Tuesday, April 20, 2021

Change Home Mortgage will continue to be owned by The Change Company and operated by its existing management team.\nMartice Mills, Change Home Mortgage\xe2\x80\x99s Chief Strategy Officer, added, \xe2\x80\x9cOur new name reflects our goal to change mortgage lending by leveling the playing field for all Americans seeking to finance their home \xe2\x80\x93 including those historically left behind by traditional banks and mortgage companies.

Key Points: 
  • Change Home Mortgage will continue to be owned by The Change Company and operated by its existing management team.\nMartice Mills, Change Home Mortgage\xe2\x80\x99s Chief Strategy Officer, added, \xe2\x80\x9cOur new name reflects our goal to change mortgage lending by leveling the playing field for all Americans seeking to finance their home \xe2\x80\x93 including those historically left behind by traditional banks and mortgage companies.
  • We have built a line of mortgage products, proprietary technologies, and community partnerships that serve a broad range of traditional and non-traditional borrowers.
  • In 2020, Change Home Mortgage originated over $7 billion in loans to approximately 30,000 borrowers.
  • Change Home Mortgage is certified by the United States Department of the Treasury as a Community Development Financial Institution (CDFI) allowing it to offer proprietary mortgage options for prime borrowers others can\xe2\x80\x99t finance.

Commerce Home Mortgage’s Wholesale Division Has a New Name: Change Wholesale

Retrieved on: 
Tuesday, April 20, 2021

b'The Change Company, America\xe2\x80\x99s Community Development Financial Institution (CDFI), and its mortgage banking subsidiary Change Home Mortgage (the \xe2\x80\x9cCompany\xe2\x80\x9d) announced today the rebranding of the Company\xe2\x80\x99s wholesale division to Change Wholesale.\nTed Ray, President of Change Home Mortgage, said, \xe2\x80\x9cThis rebranding represents an important milestone as we focus our resources on scaling Change Wholesale.

Key Points: 
  • b'The Change Company, America\xe2\x80\x99s Community Development Financial Institution (CDFI), and its mortgage banking subsidiary Change Home Mortgage (the \xe2\x80\x9cCompany\xe2\x80\x9d) announced today the rebranding of the Company\xe2\x80\x99s wholesale division to Change Wholesale.\nTed Ray, President of Change Home Mortgage, said, \xe2\x80\x9cThis rebranding represents an important milestone as we focus our resources on scaling Change Wholesale.
  • Our wholesale partners are able to benefit from Change Wholesale\xe2\x80\x99s proprietary loan programs \xe2\x80\x93 including our Community Mortgage \xe2\x80\x93 and technology to finance prime borrowers their competitors can\xe2\x80\x99t.
  • Change Wholesale will continue to be operated by its existing management team.\nDenis Kelly, the Company\xe2\x80\x99s Chief Wholesale Officer, added, \xe2\x80\x9cIt\xe2\x80\x99s time to change the wholesale mortgage business to work better for the brokers, the loan officers, and the borrowers they serve.
  • Change Wholesale has successfully emerged as the dominant originator of residential mortgage loans to prime borrowers who are not well served by banks and traditional lenders.