If anything, water was filling in through the windows and open spaces as the stern twisted into the water, causing it to sink faster.
Also consider that at this point, the water wasn't as much filling up the stern as the stern was sinking into the water, if that makes sense. I realize that this could even be said for the bow, but the bow section was more horizontal and not really sinking as much as being filled with water. As the bow submerged, it rolled about 90 degrees (?) to port and gradually assumed a more vertical position, causing the keel to bend (it is believed) because of the opposing forces in the bow and stern. After the break, the Stern, which was settling into the water, started to thrust downward as well. As it was sinking, the stern evened out on a horizontal axis again and fell like a stone, twisting around so that the tip of the stern faced north.
Sorry for the verbosity. I thought I would provide a basic description. I realize that water filling in and the ship sinking may seem synonymous, but I like to think that there is a slight different: At more even keel, the ingress of water is the dominant force, pulling the ship down. When the hull is more perpendicular, especially when filled with water, it gains momentum and dives. Did I explain this distinction clearly enough? This is sort of how I see it. Maybe someone with a better knowledge in hydrodynamic forces can correct me and/or explain it better.