A group of 10 U.S. Senators have issued a letter to the heads of HUD and the CFPB calling for an examination of Navy Federal Credit Union’s practices after a report claimed the institution was more than twice as likely to deny loans for Black applicants as white applicants.
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In a letter to TransUnion, Experian, and Equifax, a coalition of Senators led by Sharrod Brown are urging the big three credit agencies to ensure servicemembers receive free credit monitoring services and free access to credit reports.
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The newly introduced VA Home Loan Awareness Act of 2023 is designed to “make the dream of homeownership a reality for more military families.” Click through to learn what changes this Act would implement.
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The Low-Income First-Time Homebuyers (LIFT) Act will help reduce the racial wealth gap by allowing qualified buyers to build equity–and wealth–at twice the rate of a conventional 30-year mortgage.
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