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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Highlands Bancorp in Vernon, N.J., has acquired LCD Mortgage, a residential mortgage originator in Totowa, N.J.
By Jacob PassyJune 12 -
Prepaid and payments company Blackhawk Network has reached an agreement to buy Achievers Corp.
By Jacob PassyJune 11 -
The Consumer Bankers Association praised banks' discipline on managing credit quality for student loans after a report showed a drop in delinquencies.
By Jacob PassyJune 11 -
The Consumer Financial Protection Bureau issued a final rule Wednesday that allows it to monitor the biggest nonbank auto finance companies.
By Jacob PassyJune 10 -
Big banks and institutional lenders approved small-business loans at record rates in May, according to data from Biz2Credit.
By Jacob PassyJune 10 -
Wirecard AG has added a link to Google's search engine marketing service to its Checkout Portal.
By Jacob PassyJune 10 -
City National in Los Angeles, which is being acquired by Royal Bank of Canada, has hired three wealth advisers for its New York office.
By Jacob PassyJune 10 -
Six federal regulators on Tuesday issued a final joint policy statement laying out standards for assessing financial institutions' diversity policies.
By Jacob PassyJune 9 -
Spindle has revised its Yowza mobile shopping app to fuel further engagement with consumers through its commerce platform.
By Jacob PassyJune 9 -
Coastal Banking in Beaufort, S.C., has promoted the head of its mortgage banking division to president of CBC National Bank.
By Jacob PassyJune 9