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.
- Texas
Cullen/Frost Bankers in San Antonio reported higher third-quarter profit, reflecting loan growth and increased fee income.
By Jacob PassyOctober 28 -
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United Community Banks in Blairsville, Ga., reported higher quarterly earnings despite costs tied to its purchase of Palmetto Bancshares in South Carolina.
By Jacob PassyOctober 27 -
Flagstar Bancorp in Troy, Mich., reported a third-quarter profit, as it originated more residential mortgages and recorded higher fee income.
By Jacob PassyOctober 27 -
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Alerus Financial in Grand Forks, N.D., has agreed to buy Alliance Benefit Group North Central States, a retirement plan administrator in Minnesota.
By Jacob PassyOctober 26 -
Online auto-buying resource GrooveCar has formed partnerships with four credit unions across the U.S.
By Jacob PassyOctober 26 -
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Iberiabank in Lafayette, La., reported higher third-quarter earnings on loan growth and because of an acquisition.
By Jacob PassyOctober 22 -
The decision to terminate a shared-loss agreement with the Federal Deposit Insurance Corp. boosted third-quarter profits at East West Bancorp in Pasadena, Calif.
By Jacob PassyOctober 22