SunTrust (STI -6.4%) is one of the S&P's worst performers after CEO William Rogers says...

|About: SunTrust Banks, Inc. (STI)|By:, SA News Editor

SunTrust (STI -6.4%) is one of the S&P's worst performers after CEO William Rogers says mortgage repurchases are rising this quarter, a “very frustrating” process that is “increasingly sort of difficult to predict." Rogers says the Q4 repurchase rate could be elevated and has been eagerly waiting for it to fall, but it looks like the crest remains in the future.