PENSACOLA, Fla. -- Navy Federal Credit Union is under fire. A report from CNN indicates a disparity in the company's mortgage lending practices. The report says the company has the largest loan ...
A report by CNN found Black applicants are more likely than White applicants to be denied conventional home mortgage loans by lenders at the Virginia-based credit union. Meanwhile, a spokesperson for ...
Several banks accepted white applicants more than Black borrowers, but the rate differential for Navy Federal was the biggest of any of the 50 lenders that originated the most mortgage loans last year ...
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