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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Firstmark Credit Union and St. Josephs Credit Union in San Antonio, Texas, have finalized an agreement for the two to merge.
December 1 -
Sage Bank in Lowell, Mass., has agreed to pay about $1.2 million to settle Justice Department allegations of discrimination against minorities in mortgage lending.
December 1 - PH
U.K. Banks Pass Stress Tests; Banks Up Benefit
December 1 -
Evans Bancorp in Hamburg, N.Y., has hired John Connerton to become its chief financial officer.
November 30 -
Cloud-based payroll, payments and business analytics platform CloudPay has brought on Brian Radin as its chief revenue officer.
November 30 - PH
Brazilian Banker Arrested in Petrobras Scandal; Wells Fargo Probed
November 30 -
The Federal Housing Administration's annual financial report demonstrates the outsize influence of reverse mortgages on the performance of its insurance fund, fueling a debate about whether those loans belong there.
November 23 - New Jersey
Peoples United Financial in Bridgeport, Conn., has dismissed three employees in the wake of alleged fraud on commercial real estate loans.
November 23 -
SunTrust Banks in Atlanta has hired Corinne Cuthbertson as a brand, advertising and digital marketing executive.
November 20 -
The $938 million-asset company will incur $400,000 in expenses from shutting down the unit, including $300,000 for contract termination costs and $100,000 for severance and employee benefits.
November 20
