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.
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Navy Federal Credit Union, the nation's largest credit union, approved mortgages for White borrowers at a much higher rate than their Black counterparts.
Navy Federal Credit Union has the greatest discrepancy in mortgage approval rates between white and Black borrowers of any major lender.
A major credit union serving military members and veterans rejected more than half of its Black conventional 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 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