SunTrust Mortgage, Inc. · Richmond, VA United States
Company Description
View SunTrust Mortgage, Inc. Locations On A US Map
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This link will open in a new window SunTrust Mortgage you buy a home in the Sun Belt. The mortgage banking division of SunTrust Banks writes, purchases, sells, and services conventional home loans through more than 200 locations in Alabama, the Carolinas, Florida, Georgia, Maryland, Tennessee, Virginia, and Washington, DC. SunTrust Mortgage also has relationships with approximately 10,000 loan brokers and correspondents to offer its products throughout the rest of the US. Products include fixed- and adjustable rate mortgages, jumbo loans, and Federal Housing Administration and Veterans Administration loans. Its total servicing portfolio consists of about 1 million mortgages worth approximately $175 billion. To read the full description, subscribe now.
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Key SunTrust Mortgage, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,257.7 |
| Employees | 838 |
SunTrust Mortgage, Inc. Executives
18 executives listed for SunTrust Mortgage, Inc.'s Richmond, VA location.
| Title | Name & Bio | Contact |
| President and CEO | Sterling Edmunds | Network |
| SVP and Senior Financial Officer | David Conners | Network |
| EVP and Carolina Group Line of Business Manager | Dean Driskill | Network |
Competition
Competitive Landscape for SunTrust Mortgage, Inc.
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top SunTrust Mortgage, Inc. Competitors
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