Current Loan Servicer CRF Ending Consumer Portfolio

The Blaine EDA currently contracts with Community Reinvestment Fund to service its home improvement loan portfolio, handling payments and default management. CRF has announced it will exit residential servicing, prompting the EDA to seek a new servicer.

Document date · October 16, 2023

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

CRF will no longer provide servicing for consumer loans, so the existing servicing contract will not be renewed and is effectively terminating.

Document type

AgendaPacket

Source document

City of Blaine Economic Development Authority AgendaPacket October 16, 2023

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Blaine?

Community Reinvestment Fund was awarded this financial services contract by City of Blaine, as recorded on October 16, 2023.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Blaine Economic Development Authority AgendaPacket October 16, 2023 (AgendaPacket), dated October 16, 2023 from City of Blaine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Reinvestment Fund hold?

Community Reinvestment Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Community Reinvestment Fund's profile

What is City of Blaine currently buying?

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