SHOCKING DISPARITY Navy Federal Credit Union REJECTS Over Half Of Black Mortgage Applicants

According to a CNN report, the nation's largest credit union has the most significant loan approval gap between black and white applicants among the top 50 lenders nationwide. The report reveals that Navy Federal Credit Union approved more than 75% of the White borrowers who applied for a new conventional home purchase mortgage in 2022. The findings revealed the bank, which lends to military service members and veterans, significantly denied African American mortgage applicants more than white applicants. Roland spoke with BSN's Get Wealthy Host, Deborah Owens, and Kenneth Kelly, the CEO of First Independence Bank about the shocking disparity that was exposed at Navy Federal Credit Union. Friday, this was posted on Navy Federal's X-page: "Navy Federal Credit Union was recently included in a news story about lending practices in the mortgage industry. We care deeply about the issue and want you to know the report does not accurately reflect our lending practices and is rooted in an incomplete analysis of lending data that does not account for major criteria required by any financial institution to approve a mortgage loan. We proudly provide a higher percentage of mortgage loans to black applicants than the vast majority of the top 50 mortgage originators nationwide. Our members put their faith in us to do right by them financially, and we stand by the promise that we are abiding by all fair lending practices." Join this channel to get access to perks: /channel/UCjXB7nX8bL2U2sje8d212Yw/join Support #RolandMartinUnfiltered and #BlackStarNetwork via the Cash App ☛ https://cash.app/$ rmunfiltered PayPal ☛ https://www.paypal.me/rmartinunfiltered Venmo ☛https://venmo.com/rmunfiltered Zelle ☛ roland@rolandsmartin.com Annual or monthly recurring #BringTheFunk Fan Club membership via paypal ☛ https://rolandsmartin.com/rmu-paypal/ Download the #BlackStarNetwork app on iOS, AppleTV, Android, Android TV, Roku, FireTV, SamsungTV and XBox 👉🏾 http://www.blackstarnetwork.com #RolandMartinUnfiltered and the #BlackStarNetwork are news reporting platforms covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.

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