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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Standard & Poor's Ratings Services is warning banks with high levels of exposure to the energy industry to think twice before ramping up their lending in other sectors.
By Jacob PassyFebruary 10 -
The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer.
By Jacob PassyFebruary 10 -
The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.
By Jacob PassyFebruary 10 -
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Outstanding automotive loan balances rose 11.5% from a year earlier in the fourth quarter, Experian Automotive said Tuesday.
By Jacob PassyFebruary 9 -
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Heartland Financial USA in Dubuque, Iowa, has completed its acquisition of CIC Bancshares in Denver and made related executive moves.
By Jacob PassyFebruary 8 -
Fit Pay in San Francisco has launched a campaign on the crowdfunding site Kickstarter to raise funds for the final production of a payment-enabled wristband developed for Pebble Time smartwatches.
By Jacob PassyFebruary 8 -