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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CoreLogic has named Frank Martell as president and chief executive officer in the wake of Anand Nallathambi's death.
By Jacob PassyMarch 6 -
Nonbanks are gaining on their bank competitors when it comes to the market share of purchase loan originations.
By Jacob PassyMarch 2 -
Mortgage interest rates fell after four consecutive weeks of holding steady, according to Freddie Mac.
By Jacob PassyMarch 2 -
Guaranteed Rate is planning to hire 280 new employees through its revamped Liftoff training program.
By Jacob PassyMarch 1 -
Ocwen has reserved $12.5 million to put toward a potential settlement with the Consumer Financial Protection Bureau.
By Jacob PassyMarch 1 -
The number of consumers looking to buy a home reached an all-time high in January.
By Jacob PassyFebruary 28 -
Home prices rose by more on a monthly basis in New York than in any other state in the country
By Jacob PassyFebruary 28 -
Small investors, not first-time homebuyers, are driving home prices to unaffordable highs, according to a new report from Attom Data Solutions and Clear Capital.
By Jacob PassyFebruary 24 -
The market gyrations following the United Kingdom's vote to leave the European Union have an upside for mortgage lenders, as already-falling interest rates are expected to boost home purchases and refinancing.
June 24