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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.

Recent Stories From this Author

HUD Reverses Course on Nonborrowing Spouse Foreclosures
May 1, 2015 The Department of Housing and Urban Development has rescinded a policy designed to help certain widowed spouses of reverse...

Banks Slow Purchases of Servicing Rights, Opening Doors for Nonbanks
April 23, 2015 Private-equity funds and hedge fund players have become more active buyers of mortgage-servicing rights as traditional...

Alert Sounded About Cheating on Mortgage-Licensing Exams
April 23, 2015 Regulators recently penalized a mortgage firm for keeping a file of licensing-test questions to prep exam takers, the first...

Carrington to Appeal RMBS-Related Lawsuit Judgment
April 17, 2015 Carrington Capital Management will challenge a court decision to award contractual damages to an investor it blocked from...

Banks Getting Back in the Market for Mortgage Servicing Rights: Fitch
April 14, 2015 More banks are buying mortgage servicing rights now, reversing a post-crisis shift that saw nonbanks dominate the MSR...

Ginnie Mae Helps Nonbanks Score Cash to Play in Mortgage Market
March 31, 2015 Some nonbank issuers of mortgage-backed securities are wrestling with capital pressures, and Ginnie Mae has cooperated with...

Warehouse Lenders, Mortgage Originators Back on the Same Page
March 26, 2015 Lower-than-expected interest rates and greater demand for purchase loans has been a boon for both mortgage lenders and the...

Why Some Investors May Want Their Servicing to Stay with Ocwen
March 24, 2015 There are a lot of consumer, investor and regulatory complaints about how the nonbank servicing firm does business, but Morgan...

'Toxic' MBS Were Unfairly Blamed for Crisis, an Ex-Quant Argues
March 17, 2015 But derivatives that magnified their performance woes were the bigger culprit, according to a new book by investor Howard...

Relieved Lenders Question Reason for Reverse Mortgage Rule Delay
March 9, 2015 The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the...

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