Bonnie Sinnock is the capital markets editor of National Mortgage News. She has been writing for National Mortgage News since 1995. She also has worked on other SourceMedia publications as an editor and a reporter. Previous to joining SourceMedia, her work appeared in publications that included the Los Angeles Times and the The Courier-News in Bridgewater, N.J.
Fannie Mae has issued securities supporting the transition away from the London interbank offered rate; something that could become more pressing for lenders if adjustable-rate mortgages were to become more prevalent.
Startup LoanSnap, a company funded in part by Virgin Group founder Richard Branson, has launched artificial intelligence that matches consumers with mortgages based on a complex analysis of their financial situation.