Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry. Passy has been with SourceMedia since 2015 and previously served as a breaking news reporter for American Banker. His work has appeared in numerous publications including CNBC, NBC News and the Wall Street Journal's Speakeasy blog. He is a graduate of the CUNY Graduate School of Journalism and Tufts University.
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Carolina Alliance Bank in Spartanburg, S.C., has exited the Small Business Lending Fund program.
By Jacob PassyFebruary 24 -
The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.
By Jacob PassyFebruary 16 -
ACI Worldwide has begun to lend a hand in The Clearing Houses effort to create a real-time payments system in the United States.
By Jacob PassyFebruary 16 -
Enterprise Car Sales helped rev up auto lending among its credit union partners, generating roughly $500 million in auto loans during 2015.
By Jacob PassyFebruary 15 -
Flagstar Bancorp in Troy, Mich., has launched a national homebuilder lending platform.
By Jacob PassyFebruary 12 -
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Banks stocks fell further than the overall market yet again Thursday, as concerns about negative interest rates, the energy sector and other matters showed no signs of abating.
By Jacob PassyFebruary 11 -
U.S. Bancorp has hired John Steward as president of its retail payments solutions division.
By Jacob PassyFebruary 11 -
U.S. Bancorp has hired John Steward as president of its retail payments solutions division.
By Jacob PassyFebruary 11 -
Hawaii Central Federal Credit Union and The Queen's Federal Credit Union, both based in Honolulu, have merged.
By Jacob PassyFebruary 11