Navy Federal Credit Union - WHAT HAPPENED?

Financial Advisor Jayson Thornton, CFP -- REACTS -- Navy Federal CU, the nation’s largest credit union rejected more than half its Black conventional mortgage applicants. Navy Federal Credit Union, which lends to military servicemembers and veterans, approved more than 75% of the White borrowers who applied for a new conventional home purchase mortgage in 2022, according to the most recent data available from the Consumer Financial Protection Bureau. But less than 50% of Black borrowers who applied for the same type of loan were approved. Did Scam Culture and financial "Tricks" taught by Earn Your Leisure and Marcus Barney AKA Him500 play a part? TIMESTAMPS 0:44 JT SPEAKS 2:48 VIDEO REVIEW: NAVY FEDERAL REJECTED HALF AA CONENTIONAL MORTGAGE APPLICATION 5:56 VIDEO REVIEW: "NAVY FEDERAL PLAYS" VIDEO CLIPS 8:34 VIDEO REVIEW: HIM 500 AND EYL UNIVERSITY HOW TO GET CREDIT/CASH FROM NAVY FEDERAL 15:31 VIDEO REVIEW: HOW TO NAVY FEDERAL LOAN CHECK INTO CASH 18:28 RED FLAG #1: NAVY FEDERAL WILL MAKE ALL YOUR DREAMS COME THROUGH 19:58 RED FLAG #2: CREDIT CARD FRAUD: LIE ABOUT EXPENSES, HIDE OTHER DEBTS 22:40 RED FLAG #3: BANK FRAUD: FRAUD AUTO LOAN TO INVEST IN SMALL BUSINESS OR CYPTO 25:04 REVIEW OF GRAPH 2018-11.3% (2020 GAP STARTED GROWING) AA AND WHITE MORTGAGE APPLICANT APPROVAL 29:13 CALLER #1: NAVY FEDERAL WAS HARD TO BE A MEMBER. EXPANDED MEMBERSHIP ( BECAME GREEDY) 30:43 CALLER #2: LENDING REQUIREMENT WERE RELAXED, NAVY FEDERAL TURNED A BLIND EYE 37:08 CALLER #3: DISPARITIES NOT DISCRIMINATION WITH MORTGAGE APPLICATIONS AT NAVY FEDERAL 42:52 CALLER #4: BANKS NOTICE TRENDS 47:10 CALLER #5: VIDEO: REAL NATHAN DALEY, YOUTUBER/RETIRED COP. DISCUSS NAVY FEDERAL FRAUD HE WAS INVOLVED WITH 52:08 CALLER #6: FINANCIAL SCAMS IN ALL COMMUNITIES EX: SAM BANKMAN-FRIED FTX OWNER 54:33 CALLER #7: HIM 500 IS NOT THAT INFLUENCIAL? 1:00:08 CALLER #8: A SOVEREIGN CITIZEN CALLER ? TRUST ACCOUNT 1:09:17 CALLER #9: DEBT CYCLE 1:12:56 CALLER #10: MORGAGE LOAN OFFICER DISCUSS ALL APPLICATIONS ARE NOT EQUAL 1:18:10 CALLER #11: TRAVEL NURSE MAKES $300,000, $20,00 SAVINGS, $40,000 CREDIT CARD DEBT, DENIED FOR A HELOC 1:24:30 CALLER #12: NAVY FEDERAL MEMBER WAS DENIED DAYS BEFORE CLOSING ON A $750,000 MORTGAGE 1:29:01 CALLER #13: MORTGAGE LOAN ORIGINATOR, BANKS HAVE DIFFERENT UNDERWRITERS 1:34:01 SHOUT TO MEMBERS AND SUPERCHATS Are you looking for ways to improve your financial life? If so, this is the channel for you! On this channel we'll teach you how to live a successful life by learning how to save, payoff debt and invest. We'll start by explaining the basics of money management and financial planning, and then move on to more advanced topics like investing and retirement planning. Subscribing to Pocket Watching with JT and following his tips, you'll have everything you need to live a financially successful life. FREE Consultation! https://www.thorntonadvisor.com/free-consult Got Money Questions? Ask JT https://www.pocketwatcher.net/ FREE Finance Course - Pocket Watcher Academy https://pocketwatcher.teachable.com/p/home Pocket Watcher MERCH! https://pocketwatcher.myspreadshop.com/ Get a Personal Financial Plan! https://forms.gle/JepACZCMpmyUT1po6 Need Tax DEBT Help? https://forms.gle/XQpJLs2E7RrXNEz66 Book a consultation at https://www.pocketwatcher.net/ Call-In Financial Talk Show hosted by Financial Advisor Jayson M. Thornton, CFP. Pocket Watching with JT is all about giving you smart money tips to help you reach your financial goals! *Disclaimer* Financial Coaching during Livestreams is NOT personal financial advice, No CFP-Client relationship is established by calling into the show or submitting a question by email or text. Cash App $PocketWatcherJT email [e-mail] Follow ig @JTPocketWatcher Twitter @JTPocketWatcher Certified Financial Planner owned by POCKET WATCHER LLC