The
purpose of this site is to provide information about me, and my role at
Suntrust Mortgage Company.
I ask your help in solving the
greatest challenge facing the mortgage market in 20
years: restore liquidity to the non- conforming
residential mortgage market.
It's
a big problem: there is little liquidity in the jumbo
non-conforming market for loans > $417,000. If you
want to buy or sell a more expensive house, many fewer buyers
qualify for a loan, despite the artifically low rates imposed
by the Fed.
Securitization is no longer best
execution, and no one knows what will replace it.
My job at Suntrust Mortgage is to
find investors for these larger high quality
loans.
Please contact me with your thoughts
or questions.
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landed here looking for mortgage market news, join my email
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contributors writing about all aspects of the mortgage market,
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page.
I look forward to hearing
from you.
Bill Coppedge
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