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A CNN analysis of CFPB lending data reveals that Navy Federal Credit Union has been denying people of color home mortgages at rates much higher than seen elsewhere.
Read More »Racial Lending Disparities at Nation’s Largest Credit Union?
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Black Homebuyers Still Facing Higher Mortgage Denial Rates
A new report from LendingTree reveals that Black homebuyers are still more likely to be denied a mortgage when compared to the overall population, with denial rates highest in popular metros like Miami, Detroit, and New Orleans.
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