Navy Federal Denies Half of Black Applicants

#RickPartysNotebook: Navy Federal, the largest credit union in the U.S., is in the hot seat.

A recent analysis found they rejected over half of their Black conventional mortgage applicants. That’s right, more than 50%! This isn’t just a few numbers; we’re talking about real people, real dreams of homeownership getting denied. And it’s not just about income levels; even high-earning Black applicants faced this bias.

So, what’s really going on?

Navy Federal says it’s all about the numbers, but the gap in approval rates is raising big questions about fair lending practices. Let’s keep our eyes on this one

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