Bonnie Sinnock

Capital Markets Editor

mailto

Bonnie Sinnock is the capital markets editor of National Mortgage News. She has been writing and editing for NMN and affiliated publications since 1995. He work also has appeared in several other publications, including the Los Angeles Times and the Los Angeles Independent.

Race discrimination

Breaking down the color barriers to homeownership

How the mortgage and housing industries react to the current civil rights moment could shape policies and bridge the homeownership divide for the Black community.

By Paul Centopani

June 19
Homebuilders

Lenders in the construction market hold their breath as economy reopens

The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.

By Bonnie Sinnock

June 16
Originations

Why lenders are wary of FHA's terms for buying loans with forbearance

The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.

By Bonnie Sinnock

June 10
Fannie Mae

How Fannie Mae's advance cap has impacted the market so far

Some benefits are materializing from Fannie Mae's pledge to limit servicers' exposure to principal-and-interest advances the way Freddie Mac does, but counterparties of both GSEs remain exposed to other concerns.

By Bonnie Sinnock

May 6
Home prices

5 ways the coronavirus could affect home prices

The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker has some thoughts on how it might.

By Bonnie Sinnock

April 30
Secondary market

Ginnie Mae launches 'last resort' coronavirus-related liquidity aid

Ginnie Mae will begin taking requests for assistance from issuers who, having exhausted all other options, are having trouble advancing borrowers' principal-and-interest payments to investors amid the pandemic.

By Bonnie Sinnock

April 11
Loss mitigation

Mortgage forbearance requests surged as coronavirus spread

The share of borrowers seeking payment relief rose more than tenfold as COVID-19 concerns grew and authorities encouraged the practice, according to the Mortgage Bankers Association.

By Bonnie Sinnock

April 7
FHFA

FHFA directs GSEs to do more to support MBS, mortgage lending

The Federal Housing Finance Agency authorized the government-sponsored enterprises to lend additional support to the mortgage-backed securities market and temporarily allow some flexibility in lending requirements to address coronavirus-related concerns.

By Bonnie Sinnock

March 23
Community banking

Capital City in Florida to buy majority stake in mortgage lender

The company will significantly boost its origination volume after buying 51% of BrandMortgage.

By Bonnie Sinnock

December 12
Home prices

GSE limit for single-family loans to surpass $500K in 2020

Loan limits for most mortgages Fannie Mae and Freddie Mac buy will exceed $500,000 for the first time ever next year, and the maximum for most high-cost areas will be $765,000.

By Bonnie Sinnock

November 27