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 National Credit Union Administration has served three former credit union employees with prohibition orders barring them from working for any federally insured financial institutions.
By Jacob PassySeptember 30 -
Cash America International, a payday lender in Fort Worth, Texas, has named Brent Stuart chief executive.
By Jacob PassySeptember 30 -
Western Union and Walgreens have come together to offer a new bill payment service.
By Jacob PassySeptember 30 -
Anchor Bancorp in Lacey, Wash., is facing a renewed proxy battle from activist investor Joel Lawson 4th ahead of its annual shareholders meeting in late October.
By Jacob PassySeptember 29 -
Financial technology provider VSoft and payments technology provider Payveris have expanded an existing partnership to integrate payments technology into VSoft's new Iris Omni-Channel banking platform.
By Jacob PassySeptember 29 -
Centrue Financial in Ottawa, Ill., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.
By Jacob PassySeptember 29 -
NCUA is soliciting feedback from credit union industry stakeholders as it previews a new version of the agency's public website.
By Jacob PassySeptember 29 -
Fifth Third's mortgage division has launched the Community Reinvestment Mortgage Special, a program designed to cover closing costs for mortgage customers buying or refinancing homes in low-income areas.
By Jacob PassySeptember 28 -
Online food ordering platform Hungryhouse has expanded its payment offerings to include PayPal, Apple Pay and American Express.
By Jacob PassySeptember 28 -
Pinnacle Bancorp in Central City, Neb., has agreed to buy Woodhaven National Bank in Fort Worth, Texas.
By Jacob PassySeptember 25