2026-09-20T23:22:28.549Z
- publishedAt:
Not provided→ 2023-12-14T00:00:00.000Z
SOURCE-LINKED INTELLIGENCE
Navy Federal Credit Union Faces Allegations of Racial Bias in Mortgage Approvals
Navy Federal Credit Union, serving military members and veterans, faced allegations of racial bias in its mortgage approval process, which relies on automated underwriting technology. In 2022, data revealed significant disparities in loan approvals, with over 50% of Black applicants denied, compared to higher approval rates for white applicants.
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- recordType
- incident-report
- evidenceStatus
- reported
- region
- Global
Reported occurrence date: 2023-12-14T00:00:00.000Z
Evidence & attribution
- AI Incident Database
- AI Incident Database · 2023-12-14T00:00:00.000Z
AI Incident Database, Responsible AI Collaborative; McGregor (2021), Preventing Repeated Real World AI Failures by Cataloging Incidents. Incident-specific contributor credits are available at each citation link. Metadata adapted; article text excluded.
License: CC BY-SA 4.0
First collected: 2026-09-19T22:50:59.123Z. This is not the publication date.
Observed changes
AIIC observation times, not verified publisher revision times. Up to eight recent revisions.