RoundPoint Financial Group, an integrated mortgage servicing and origination firm, has announced that it has named Kevin Brungardt as its new chief executive officer. Brungardt brings to RoundPoint over 15 years of broad executive leadership experience, directly managing all major functions of the mortgage business at the national level, including: Origination operations, special servicing operations, secondary marketing, master servicing, real estate-owned (REO) operations, as well as the pricing and disposition of distressed assets.
"I am thrilled to be joining the RoundPoint team," said Brungardt. "RoundPoint Financial Group is a leader in the industry and has a well-deserved reputation for an excellent, high-touch servicing approach supported by its unique proprietary software. I'm looking forward to rolling up my sleeves and helping lead RoundPoint to even greater heights."
Prior to joining RoundPoint, Brungardt served as managing director for Citi Mortgage, the fourth largest lender in the U.S., where he was head of national fulfillment operations. Prior to Citi, Brungardt worked as vice president for Fannie Mae for its national servicing organization. While at Fannie Mae, Brungardt was part of a team that helped develop, implement and administer the Home Affordable Modification Program (HAMP), as well as the streamlined modification program. He also was responsible for Fannie Mae's Servicing Asset Management group, a group responsible for overseeing Fannie Mae servicers' credit loss mitigation performance for its book of loans, which totaled nearly 18 million loans or $2.7 Trillion in principal balance.
Brungardt holds a MS in economics from the University of Texas at Dallas, a BBA in finance from the University of North Texas and completed the Stanford Executive Program.
"After conducting an exhaustive search, we could not be more pleased to announce that Kevin will be joining RoundPoint," said Jefferson R. Voss, director of RoundPoint Financial Group. "Our integrated platform focuses on special servicing, originations, capital markets and technology. Kevin's broad executive experience touches on all areas of our business and makes him the best possible fit for the position. We're confident that under Kevin's leadership, RoundPoint Financial Group will continue its strong growth as an industry leader."
For more information, visit www.roundpointfinancialgroup.com.