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Bonnie Sinnock

Recent Stories From this Author

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...

Relieved Lenders Question Reason for Reverse Mortgage Rule Delay
March 10, 2015 Reverse mortgage originators have not been immune to the wave of regulatory and compliance changes sweeping the mortgage...

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,...

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...

Reverse Mortgage Relief Costly for Industry, Dubious for Consumer
February 3, 2015 The Federal Housing Administration's new foreclosure relief options for nonborrowing spouses of reverse mortgage customers...

Reverse Mortgage Spouses Get Another Break, But Strings Attached
January 28, 2015 The government has added further protections to reverse mortgage borrowers' spouses who are not named in the loan agreement,...

Plans to Use Eminent Domain on Mortgages Stall, But Concerns Remain
December 8, 2014 With some proposals still outstanding, mortgage bond market participants are concerned that eminent domain attempts would...

HUD's Intervention in Reverse-Mortgage Case a Step Toward Reform
December 5, 2014 The Department of Housing and Urban Development's support for the widow of a home equity conversion mortgage borrower has...

Vicki Beal, 'Face of Due Diligence' in RMBS, Dies at 62
December 3, 2014 Beal was a senior vice president in transaction management at Clayton Holdings and an advocate for tougher due diligence in...

New Efforts at Housing Counseling Revive Debate About Its Value
December 2, 2014 Initiatives meant to increase access to credit have rekindled the debate over whether housing counseling is the best and most...

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