Quantcast
Bonnie Sinnock

Bonnie Sinnock

Bonnie Sinnock has been writing for National Mortgage News since 1995. She also has worked on other SourceMedia publications as an editor and a reporter.

All Bonnie Sinnock's Stories
The secondary marketing agency wants to model how servicers' available cash might stand up to shocks because interruptions to that liquidity have been a common problem among those that failed.
This summer, Freddie Mac will start rolling out a suite of tools that should speed sales of loans to the GSE. Relief from reps and warranties will take longer, however.
The government-sponsored enterprises' risk-sharing deals are being hailed as an innovative approach for Fannie Mae and Freddie Mac to offload credit exposure to private markets. But their growing popularity is raising questions about how these transactions should be reported in financial statements.
After the Home Affordable Modification Program ends, servicers will employ myriad proprietary workout options to meet ongoing compliance requirements. But will more discretion in loss mitigation practices create consumer and investor confusion?
The Making Home Affordable program has been extended and expanded so many times that it's gotten hard to imagine life without it. But its two primary initiatives have served their purpose and the days may be numbered for HAMP and HARP.
Freddie Mac's second quarterly loss in less than a year makes it clear profitability is getting tougher as it shrinks. But it's a concern that must be weighed against more long-term efforts to reduce Freddie's overall credit risk exposure.
During the mortgage crisis, servicers recruited people from the origination business to help with loan modifications. Now the two sides of the industry are coming together in a new way.
The statute of limitations on private lawsuits against trustees and servicers of housing bubble-era residential mortgage-backed securities could run out in a few years.
Widows, divorcees and others who inherit or otherwise receive mortgaged property often have a hard time getting loans modified because there are too many hurdles to proving they own the property.
The government agency that guarantees securitizations of Federal Housing Administration-insured loans is experimenting with a pool type that consists only of modifications and reperforming loans.
As a handful of new issuers enter the market and the implementation of a key regulation pave the way for subprime securitization's comeback, the volume of new loans that are actually available to the market remains a question.
QRM clarified the rules of the road for securitizations. Now, participants in the MBS world seeking better margins are looking beyond the safe harbor to the subprime space.
SlideshowsSee All »