Browsing: Pearson claimed that CNN’s analysis “does not accurately reflect our practices” because it didn’t take into account “major criteria required by any financial institution to approve a mortgage loan

     Further analysis by CNN found Black applicants were more than twice as likely to be denied than their white counterparts when more than a dozen variables, including income, debt-to-income ratio, property value, down payment percentage, and neighborhood characteristics, were the same. Navy Federal spokesperson Bill Pearson denied allegations of racial discrimination in its lending practices.