The nation’s largest credit union rejected more than half its Black conventional mortgage applicants
stopthatgirl7@kbin.social to 
cnn.com
A major credit union serving military members and veterans rejected more than half of its Black conventional mortgage applicants
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"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?
The poorer people are likely applying for smaller loans so the income to loan ratio could be better.
That's a good point, though the whole thing is weird. I went back and reread the article and this jumped out at me as well:
It feels like they have some biased criteria in their approval process, but would really need the data to show it. They originate a higher percentage of conventional loans to black borrowers, but possibly as an artifact of having more apply.
One possible reason for the discrepancy with approval rates and income could also be cost of living areas. It would make sense that higher salaries also correlate to more expensive areas.
It would be nice if they shared their statistical results that they talk about being embedded in their processes to prevent bias so we could see what they are keying off of.