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Navy Federal Credit Union Denied Over Half Of Its Black Mortgage Applicants - Vimarsana News

Navy Federal Credit Union Denied Over Half Of Its Black Mortgage Applicants

Navy Federal Credit Union, the nation's largest credit union, approved mortgages for White borrowers at a much higher rate than their Black counterparts.

Military-affiliated credit union approves 75% of white mortgage applicants, less than half of Black applicants - Vimarsana News

Military-affiliated credit union approves 75% of white mortgage applicants, less than half of Black applicants

Navy Federal Credit Union has the greatest discrepancy in mortgage approval rates between white and Black borrowers of any major lender.

Navy Federal Credit Union rejected more than half its Black conventional mortgage applicants last year - Vimarsana News

Navy Federal Credit Union rejected more than half its Black conventional mortgage applicants last year

A major credit union serving military members and veterans rejected more than half of its Black conventional mortgage applicants

Source: cnn.com
Navy Federal Credit Union, largest in US, rejected more than half its Black mortgage applicants - Vimarsana News

Navy Federal Credit Union, largest in US, rejected more than half its Black mortgage applicants

NFCU approved a slightly higher percentage of applications from White borrowers making less than $62,000 a year than it did of Black borrowers making $140,000 or more.

The nation's largest credit union rejected more than half its Black conventional mortgage applicants | Across America - Vimarsana News

The nation's largest credit union rejected more than half its Black conventional mortgage applicants | Across America

The largest credit union in the US has the widest disparity in mortgage approval rates between White and Black borrowers of any major lender, a trend that reached new heights