Bonnie Sinnock

Capital Markets Editor

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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.

Digital mortgages

Digital mortgage firm Beeline hiring, adding new technology

The company aims to help borrowers apply for home loans in as little as 15 minutes by automating immediate validation of bank information used in qualification.

By Bonnie Sinnock

December 4
Career moves

Freddie Mac CEO David Brickman resigns, interim leader appointed

Freddie Mac representatives would not comment on the sudden resignation of Brickman. Interim CEO Michael Hutchins has served as Freddie’s executive vice president of investments and capital markets since January 2015.

By Bonnie Sinnock

November 13
Joe Biden

Biden transition team replete with housing experts but lacking lenders

The teams include people who previously worked for the Treasury and the Federal Housing Finance Agency as well as HUD.

By Bonnie Sinnock

November 13
Election 2020

The two California ballot measures that worry commercial lenders

One could change how commercial property is taxed, the other could change rent control policies. Both might affect financing.

By Bonnie Sinnock

October 14
Law and regulation

HUD finalizes contentious revamp of fair-lending rule with one tweak

The final version of the amended rule, like the original proposal, makes fair-lending claims tougher to prove. But it does soften language that otherwise might have allowed mortgage companies to use algorithms to prove nondiscrimination.

By Bonnie Sinnock

September 9
Election 2020

Divisions in mortgage industry emerge ahead of 2020 election

Political donations from the sector and interviews with industry experts highlight a wide range of views on affordable housing resources, the appropriate level of regulatory relief and how policymakers should enforce fair housing rules.

By Bonnie Sinnock

August 27
Mortgages

Kasasa rolls out mortgage offering for credit unions

The product, which is also aimed at community banks, includes a "take-back" option that allows consumers to withdraw extra funds they've paid that go beyond their monthly scheduled mortgage payment.

By Bonnie Sinnock

August 25
FHFA

Refi fee will wipe out millions in mortgage profits

Lenders initially won't be able to pass on the cost of the Federal Housing Finance Agency's "adverse market fee" to borrowers whose rates on GSE-backed mortgages and refinances are already locked in.

By Kate Berry

August 20
Financial regulations

Bipartisan bill aims to offer savings accounts for down payments

The American Dream Down Payment Act would let states establish and manage accounts, which would be similar in structure to 529 college savings plans.

By Bonnie Sinnock

August 6
Underwriting

Housing groups seek change to FHA loan restriction on student debt

An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.

By Bonnie Sinnock

August 5