Bonnie Sinnock
- Indexed articles, last 90 days
- 57
- Latest publication
- Sep 30, 2026
- Outlet visibility, for National Mortgage News
- Top 5M sites
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- Jul 6, 2026
Latest articles
Top 5 players' Ginnie MSR domination drives specialization (opens the original)
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Consolidation among holders of Ginnie Mae mortgage servicing rights has reached the point where the top 5, who began the year representing a little over half the market, more firmly control it. All five are nonbanks and they collectively now hold nearly a 59% share, which by some measures may be even larger, according to a recent Ginnie Mae report. The report also shows that even with proposed loosening of MSR bank capital requirements on the table, most large depositories aren't taking big stak
Insurers chase non-QM: NY Life deal signals new capital (opens the original)
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New York Life Investment Management has announced plans to purchase a majority interest in Verus Mortgage Capital's corporate parent as the market enters the kind of interest rate environment where mortgages look more attractive to insurers. Financial terms of the transaction, which is set to close in the first quarter of next year, were not disclosed. NYLIM, which had approximately $837.6 billion in assets under management as of June 30 and has been ranked as a top 30 money manager, has agreed
GSEs, Rocket give lenders new reasons to adopt VantageScore (opens the original)
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Rocket Mortgage announced that it plans to be the first home lender to make VantageScore its main credit model on Monday as influential government-sponsored loan buyers aligned VS 4.0's pricing with classic FICO's. The nonbank mortgage giant's commitment to using VantageScore 4.0 for all eligible loans by year-end followed a social media post by Federal Housing Finance Agency Director Bill Pulte about pricing for purchase loans with it and a FICO metric, which previously was home lending's sole
MSR accounting proposal creates standard for recapture (opens the original)
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The Financial Accounting Standards Board's new mortgage servicing rights proposal could lead to more consistent treatment of this asset in a way that provides more visibility into its recapture value. The draft guidance, issued in response to a question posed to FASB last year, creates more consistency by deeming recapture a single unit of account rather than treating it as a separate intangible asset. "This will cause many owners of the asset to more accurately assess their performance not only
Agentic AI move slashes lender implementation time: Polly (opens the original)
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Industry technology provider Polly is broadening the use of agentic artificial intelligence across its mortgage capital markets platform in a move that CEO Adam Carmel said addresses a key pain-point that home lenders consider when deciding whether to change vendors. A significant reduction in set-up time for mortgage companies adopting product and pricing engine-related technology is one upside of the new technology, said Carmel. He said that it can significantly compress the average time it ta
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