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Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. Mary McDuffie, the CEO of Navy Federal Credit Union, met with three members of the Congressional Black Caucus who havedemanded answersin the wake of 【 - Free Exclusive Investment Tips 】’s reporting on racial disparities in the lender’s mortgage approvals. She told them that an external review the credit union commissioned had preliminarily found that the disparities were mostly explained by other factors, a spokesperson said.

But members of Congress said they still had concerns about the mortgage practices ofNavy Federal, which has more than 13 million members and lends to military servicemembers, defense personnel, veterans and their families.

“We’re trying to achieve the goal of closing the racial wealth gap in America,” said Rep. Steven Horsford, a Nevada Democrat, after meeting with McDuffie. “You cannot do that with practices like this that deny equal opportunity to homeownership.”

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Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Free access to real-time stock market data analysis, global market trends, and expert predictions. Capture emerging opportunities and grow your portfolio steadily, with insights into metals, energy, and agricultural products. The nearly 29-percentage-point gap in Navy Federal’s approval rates was the widest of any of the 50 lenders that originated the most mortgage loans in 2022. The disparity remained even after accounting for variables available in public mortgage data such as applicants’ income, debt-to-income ratio and property value, 【 - Free Exclusive Investment Tips 】’s review found.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Expert predictions and real-time data on global stock indices, metals, energy, and agricultural products to help you make more informed decisions and boost your investment returns. Benefit from cutting-edge market intelligence for steady growth. McDuffie met for about an hour Thursday with Horsford, the chair of the Congressional Black Caucus; Rep. Emanuel Cleaver of Missouri, the ranking Democrat on the House Subcommittee on Housing and Insurance; and Rep. Sydney Kamlager-Dove of California.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. A Navy Federal spokesperson said in a statement that McDuffie shared with the House members the results of a “preliminary analysis” from an external review the credit union initiated showing that the racial disparity in approval rates “drops to around 1% when all other factors that we consider when approving home loans are incorporated, including credit score, verified income, and property information.” The spokesperson did not provide additional details or data supporting the analysis.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. Navy Federal has previously argued that 【 - Free Exclusive Investment Tips 】’s analysis is incomplete because it did not include applicants’ credit scores or information about their available cash deposits or relationship history with the lender – none of which is publicly available in the public federal data. The credit union has declined to provide 【 - Free Exclusive Investment Tips 】 any data that would make it possible to analyze those factors.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. The credit union is “committed to engaging with policymakers on this important issue” and “we continue to work daily to help expand economic opportunity and access to credit for our diverse community of members,” the spokesperson said.

But Cleaver told 【 - Free Exclusive Investment Tips 】 after the meeting that McDuffie and other Navy Federal representatives “could not provide an answer” explaining the racial disparities in mortgage approvals, and that he hoped to hear more from them in the future. “We’re expecting to have another meeting with them, we’re expecting to get facts this time,” he said.

Horsford said that the members “asked very specific questions about the timeline” of Navy Federal’s external review, and found the responses from Navy Federal “inadequate.”

“Time is of the essence, because every single day that they don’t change or update their protocols is a servicemember, and particularly a Black or Latino servicemember, who is facing denials,” he said.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. Navy Federal has also noted that a higher percentage of its mortgage loans go to Black borrowers than most other large lenders. But Horsford said Thursday that that excuse didn’t address “the issue of denials.”

“More than 40% of our servicemembers, active duty, are people of color,” he said. “So yeah, they are one of the leading lenders and mortgage lenders for Black home loans – because they have a higher percentage of servicemembers who are their membership. It should be higher.”

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. Several Democrats on the House Financial Services Committee, including Cleaver and ranking member Rep. Maxine Waters, a California Democrat, wrote a letter last weekaskingthe committee’s Republican chair to hold a hearing on the racial disparities in Navy Federal’s mortgage lending.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Precise AI-powered predictions and market insights to guide your stock selection. Use real-time market data, futures trends, and stock indices to make strategic investment decisions for long-term profitability. And ten Democratic senators have separatelyaskedfederal regulators to examine Navy Federal’s mortgage practices, citing both 【 - Free Exclusive Investment Tips 】 and a separate analysis of public mortgage data by Senate banking committee staff that also found racial disparities in its lending.

Scan Projects Limited Stock Buy or Sell ✌️【Asset Growth】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. Navy Federal is also facing a federal class-actionlawsuitfrom mortgage applicants who cite 【 - Free Exclusive Investment Tips 】’s reporting and allege that the credit union discriminated against them. A judge approved a motion to consolidate three separate lawsuits against the credit union into a single case last month.

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