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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

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...

Reset Risk Worse than Expected for Underwater HELOCs: RealtyTrac
March 4, 2015 More than half of borrowers with home equity lines of credit that will reset this year have seriously underwater properties,...

Why Mortgage Credit Is Tightest for Most Affordable Homes
March 4, 2015 Weaker appreciation in the low end of the housing market, combined with higher costs to originate mortgages tied to new...

Audit Slams Ginnie Mae for Accounting Lapses in Failed TBW Loans
February 27, 2015 An audit of Ginnie Mae financials identified four "material weaknesses" and one "significant deficiency," primarily related to...

FHA Sets New Date for Financial Assessments
February 27, 2015 Having the extra time for implementation has been helpful because mortgage companies were experiencing difficulties meeting...

Ginnie Mae Tests Scorecard of Issuers' Performances
February 26, 2015 The scorecard compares issuers’ operational strength and skill in managing delinquent loans with those of their peers.

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