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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USAmeriBancorp in Clearwater, Fla., has completed a private placement to institutional investors of $45 million in subordinated notes.
By Jacob PassyApril 5 -
The National Credit Union Administration is encouraging credit unions to take advantage of the agencys financial literacy resources as it participates in Financial Literacy Month.
By Jacob PassyApril 5 -
Bank of America's electronic payments processing arm has created a European unit based in London.
By Jacob PassyApril 5 -
The Supreme Court said Monday it would not hear an appeal from Wells Fargo to overturn a $203 million verdict against the bank regarding overdraft fees.
By Jacob PassyApril 4 -
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A former staff attorney with New York's city government has been named the top lawyer for the New York State Department of Financial Services.
By Jacob PassyMarch 29 -
Opus Bank in Irvine, Calif., has hired Jeffrey Zaks, a CIT Group banker, to lead its new media and entertainment lending group.
By Jacob PassyMarch 29 -
EBay has become a member of the Fast Identity Online (FIDO) Alliance, making it the first e-commerce company to achieve FIDO certification.
By Jacob PassyMarch 29