Class action lawsuit alleging discrimination filed against Navy Federal after CNN exclusive report
Class action lawsuit alleging discrimination filed against Navy Federal after CNN exclusive report
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Class action lawsuit alleging discrimination filed against Navy Federal after CNN exclusive report
Navy Federal Credit Union is under fire for racial disparities in mortgage approval rates, with white applicants approved at a higher rate than Black borrowers.
Navy Federal Credit Union, the nation's largest credit union, approved mortgages for White borrowers at a much higher rate than their Black counterparts, according to a new analysis.
View the The Philadelphia Tribune for Friday, December 15, 2023
Several banks accepted white applicants more than Black borrowers, but the rate differential for Navy Federal was the biggest of […] The post Military-affiliated credit union approves 75% of white mortgage applicants, less than half of Black applicants appeared first on TheGrio.