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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The former chief marketing officer of the failed Mirae Bank in Los Angeles was arrested following an eight-count indictment stemming from alleged loan fraud.
By Jacob PassyJanuary 15 -
The Barclaycard app now will allow Near Field Communication-enabled contactless payments on supported Android devices.
By Jacob PassyJanuary 15 -
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Metropolitan Commercial Bank in New York has named Dale Fredston, a former general counsel at Sterling Bancorp in Montebello, N.Y., to its board of directors.
By Jacob PassyJanuary 14 -
Diebold has launched a mobile-enabled, self-checkout concept based on its automated teller machine systems.
By Jacob PassyJanuary 14 -
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National Credit Union Administration Board chairman Debbie Matz and Consumer Financial Protection Bureau director Richard Cordray will team up for a webinar on Feb. 9.
By Jacob PassyJanuary 13 -
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Ford Motor Credit is rolling out a pilot program that allows small groups of people to lease a vehicle together.
By Jacob PassyJanuary 12 - Oregon
Umpqua Holdings in Portland, Ore., has hired Tory Nixon, who played for the San Francisco 49ers in the 1980s, as head of commercial banking.
By Jacob PassyJanuary 12