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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Bryn Mawr Bank in Pennsylvania has issued $30 million in subordinated debt.
By Jacob PassyAugust 7 -
Heritage Financial in Olympia, Wash., has agreed to an early termination of its Federal Deposit Insurance Corp. loss-share agreements for its purchase of two failed banks in 2010.
By Jacob PassyAugust 7 -
BB&T will dismiss most of a 21-person small business lending group who had been employed by Susquehanna Bancshares.
By Jacob PassyAugust 6 -
BankUnited in Miami Lakes, Fla., has added a former New York state judge and a former Florida community bank chief executive to its board.
By Jacob PassyAugust 6 -
CoBiz Financial's bank chairman, Jonathan Lorenz, will retire in December.
By Jacob PassyAugust 6 -
Community Choice CU has announced a finalized deal to purchase Eastside Family FCU.
By Jacob PassyAugust 5 -
TriState Capital Holdings in Pittsburgh has promoted its bank's chief risk officer to bank president.
By Jacob PassyAugust 4 -
The Consumer Financial Protection Bureau has filed a lawsuit in federal court against a web of payday lending companies, alleging that they collected money that consumers did not owe and falsely threatened consumers with lawsuits and imprisonment.
By Jacob PassyAugust 4 -
Digital Federal Credit Union of Marlborough, Mass., and USAlliance Federal Credit Union of Rye, N.Y., have launched new mobile banking apps that feature integration with wearable devices.
By Jacob PassyAugust 3 -
Regions Financial in Birmingham, Ala., has acquired A.I. Group, an employee-benefits and insurance company in Alpharetta, Ga.
By Jacob PassyAugust 3