NationsBank, under attack on minority lending, said it approved a smaller percentage of mortgage applications from lower-income borrowers last year than in 1994.

But the percentage was down for wealthier applicants too, the bank said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.