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Bonnie Sinnock

Recent Stories From this Author

Are Lenders Ready to Give Strategic Defaulters a Second Chance?
February 5, 2016 Remember those homeowners who walked away from their underwater mortgages even though they could still afford their loans?...

Frank Talk, Fast Closings Cinch Mortgage Borrower Satisfaction
November 16, 2015 Lenders are doing a better job keeping consumers informed about the loan process, according to the latest J.D. Power mortgage...

FHA Closes Loophole for Student Debt in Revamped Lender Handbook
November 10, 2015 The added clarity provided by the Federal Housing Administration's revised single-family handbook comes at the expense of...

How Fannie Avoided Freddie's 3Q Fumble
November 5, 2015 Fannie Mae was affected by the same derivatives accounting mismatch that led to Freddie Mac's first quarterly loss in four...

Deutsche Bank Quits Trading of Agency Mortgage Bonds
October 30, 2015 Deutsche Bank is exiting agency residential mortgage-backed securities trading as part of a larger strategic plan announced...

In Quest to Quell Lender Buyback Fears, Freddie to Boost QC Tech
October 5, 2015 An initiative underway at Freddie Mac seeks to integrate new and existing technology to create a comprehensive suite of...

TRID Exam Guidance Leaves the Big Questions Unanswered
September 18, 2015 Lenders and vendors found no bad surprises in the Truth in Lending Act/Real Estate Settlement Procedures Act integrated...

Resilience of Refinancing About More Than Just Low Rates
September 11, 2015 The refinance mortgage market's unexpected resilience in 2015 has come as the result of a number of well-timed factors...

Servicers Search for 'Goldilocks' Size for Max Profits
September 10, 2015 The rising costs to service mortgages reflects a market where there are not only downsides to being too small, but hurdles to...

Marketplace Lenders Are Narrow Threat in Mortgages ... for Now
September 1, 2015 Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors....

Five Factors Driving the Future for Fannie Mae and Freddie Mac
August 17, 2015 Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the GSEs' outsized...

Freddie Riding High on Brisk Business, Clean Credits
August 4, 2015 Freddie Mac's second-quarter single-family funding was the strongest it's been in a year, positioning the company to supplant...

Treasury, Servicers: We're Doing What We Can on Loan Mods
July 30, 2015 Home Affordable Modification Program denial rates are still high, but the Treasury Department and top mortgage servicers...

SIGTARP Wants to Know Why Servicers Deny 70% of HAMP Requests
July 28, 2015 The Special Inspector General for the Troubled Asset Relief Program is renewing calls for further investigation of servicers...

What Went Wrong at Wingspan?
July 24, 2015 The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving...

Why TRID Could Spell Trouble for Warehouse Lenders
July 23, 2015 The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line...

Proposed FHA Deadline Could Put Servicers in a Bind
July 7, 2015 The Federal Housing Administration wants to set a hard deadline for servicers to file claims on soured mortgages. Industry...

Why It's Tough to Find MBS Buyers to Replace the Fed
June 5, 2015 How interested banks, REITs and other investors will be in replacing the Federal Reserve as buyers of mortgage-backed...

Flagstar Pegs Future on Mortgage Servicing, Community Banking
June 2, 2015 After a "landmark" first-quarter driven by mortgage origination gains, Flagstar Bancorp is counting on mortgage servicing and...

Freddie Mac to Make Underwriting Tool Free
May 27, 2015 In a sign that the GSEs may once again be trying to compete with each other, Freddie Mac will no longer charge lenders to use...