WEATHER ALERT
Navy Federal Credit Union must pay more than $95 million for charging illegal overdraft fees
Read full article: Navy Federal Credit Union must pay more than $95 million for charging illegal overdraft feesNavy Federal Credit Union must pay more than $95 million after an investigation found it charged customers millions in illegal overdraft fees over a five-year period, according to the Consumer Financial Protection Bureau.
Lawsuit alleges racial discrimination in housing lending by Navy Federal Credit Union
Read full article: Lawsuit alleges racial discrimination in housing lending by Navy Federal Credit UnionVeterans who are Black say they were denied housing loans from Navy Federal Credit Union because of their race.
WATCH LIVE: Attorneys file lawsuit on behalf of minorities who sought home loans from Navy Federal Credit Union
Read full article: WATCH LIVE: Attorneys file lawsuit on behalf of minorities who sought home loans from Navy Federal Credit UnionCivil rights and personal injury attorneys Ben Crump, Adam Levitt and Hassan Zavareei will hold a news conference Thursday to announce the filing of a lawsuit on behalf of Black, Latino and Native American plaintiffs who sought home loans with Navy Federal Credit Union.
Navy Federal approved less than 50% of Black home loan applications in recent data analysis
Read full article: Navy Federal approved less than 50% of Black home loan applications in recent data analysisThe nation’s largest credit union has the widest home loan approval rate gap among Black and white applicants, revealing a racial disparity issue between borrowers with similar incomes and debt-to-income ratios, according to a CNN analysis including data collected by the Consumer Financial Protection Bureau.