BillCoppedge logo
 

William N. Coppedge  

 

  

EDUCATION 

University of the South                                              Sewanee, TN Bachelor of Arts, Economics, 1974

Vanderbilt University, Owen School of Management  Nashville, TN Master of Business Administration, 1976

  

WORK SUMMARY 

  

Suntrust Mortgage, Inc. (STI)                                        Chicago, IL 

Senior Vice President, Mortgage Asset Sales                     2008- 

  • Manage national investor relationships for purchasers of STI originated “A” quality non-conforming residential mortgage loans
  • Expand CRA eligible loan trading
  • Senior manager for correspondent relationships
  • Senior manager investment fund relationships 

  

WaMu Capital Corp.                            New York, NY & Chicago, IL 

Senior Account Executive/Director                                2003 – 2007 

  • Produced in excess of $25 billion in whole loan trade production for 2006.
  • Created mortgage banker national sales desk for WCC in New York and Chicago. 
  • Grew business lines of passthru TBA and specified pool trading from zero at startup to $3 billion per month average in 2006.
  • Managed whole loan transactions from trade through settlement
  • Actively involved in repurchase process for Early Pay Defaults, during a time EPDs were rapidly rising
  • Built a mortgage news blog reaching 2000 people including senior management in all areas of mortgage acquisition, distribution, and securitization.

  

Banc of America Securities, LLC                                  Chicago, IL  

Principal                                                                          1995 – 2003 

  • Acquired whole loan assets for bank portfolio in excess of $100 billion in 2002
  • 2002 total trade volume in excess of $200 billion.
  • Covered 18 of the top 20 largest mortgage banking companies and conduits in U.S. for pipeline hedging and whole loan purchases. Daily interaction with senior management, capital markets and risk management department heads, and their senior traders.
  • Joined Nationsbanc, a regional dealer trading MBS, and was part of sales team that helped it grow into a national dealer, Banc of America Securities doing client transactions in MBS, OTC options,  interest rate derivatives, and whole loans. Active in both individual and team sales.
  • Structured and presented an optimization shaping program using OTC MBS options that allowed for entering a profit/loss profile and finding the optimum combination of puts and calls to achieve the desired profile.
  • Originated mortgage news website reaching 1000 contacts daily.

  

Kidder, Peabody, and Co., Inc.                                     Chicago, IL  

Vice President                                                                1989 – 1994 

  • Grew transaction volume 8x with Midwest and east coast mortgage bankers, conduits, and REITs
  • Proposed and executed passthru and financial futures trade strategies to reduce mortgage pipeline risk.
  • Secured mortgage collateral for early mortgage CMO securitizations growing from $50 million in 1991 to $1.5 Billion in 1993.
  • Increased MBS OTC option volume from $500 million in 1989 to $10 billion in 1993

  

Nomura Securities, International                                  Chicago, IL  

Vice President                                                                 1987 – 1989 

  • Increased trade volume from zero to $5 billion annual run rate.
  • Opened 35 new accounts (mortgage bankers and thrifts) in first year for de novo operation.

  

Oppenheimer and Company                                           Chicago, IL 

Senior Vice President                                                     1982 – 1987 

  • Created sales desk for mortgage bankers and thrifts utilizing MBS, financial futures, and options for pipeline management. Opened and covered 60 accounts.
  • Designed modem delivered 6 page daily hedging report/analytics for accounts that calculated various hedge ratios, presented technical analysis and economic commentary.
  • Speaker at national Mortgage Banker Association conferences regarding financial futures use in pipeline hedging, and management of basis risk.

  

  

LICENSES

  

FINRA series 7, 24, 63, 66. 

Illinois Health and Life Insurance licensed.

  

WEB RESOURCES

  

Additional work information and recommendations from co-workers and industry leaders: http://www.linkedin.com/in/billcoppedge  

  

My blog: http://mortgagenewsclips.com/

 

 

 

tnBill 13jul2008

 

 

I have built a network of over 3000 contacts with people in the mortgage industry.

 

Providing mortgage industry news from my website, and helping answer subscriber questions has made it possible for me to meet many people beyond the secondary marketing community that has served as my account base.