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

  • reliv3@lemmy.ml
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    11 months ago

    “Notably, Navy Federal 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.”

    I don’t know man. Like, I agree that data is missing, but the data they did pull is very damning. Like how is there a higher approval % of white applicants making less than half the yearly salary of black applicants?