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.
-
Western Union has added several European countries to its WU.com online money transfer service, using an omni-channel strategy to fuel its expansion.
By Jacob PassyAugust 11 -
Walter Investment Management in Tampa, Fla., said its second-quarter loss widened, as it recorded a goodwill impairment charge in its reverse mortgage division.
By Jacob PassyAugust 10 -
International payment services provider Planet Payment has made changes in its executive leadership, naming Robert Cox president and Raymond D'Aponte chief financial officer.
By Jacob PassyAugust 10 -
Bank of the West in San Francisco has sold its insurance subsidiary to an insurance brokerage.
By Jacob PassyAugust 10 -
Cornerstone Bank in York, Neb., has tapped Kris Holoch to succeed her father Kelly Holthus as the bank's chief executive. Holoch previously served as executive vice president and on the board.
By Jacob PassyAugust 7 -
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