RoundPoint Financial Group, an integrated mortgage servicing and origination firm, has announced that it has named Dave Worrall as its new executive vice president and national servicing manager. Worrall brings to RoundPoint significant experience servicing loans at the national level for major public and private institutions. At RoundPoint, Worrall will manage loan servicing for RoundPoint's entire portfolio. He will report directly to RoundPoint's new Chief Executive Officer Kevin Brungardt.
"RoundPoint Financial Group is an industry leader with an excellent reputation for high-touch service, asset management and top-notch proprietary software," said Worrall. "Kevin has set forth an impressive plan for growth, and I'm excited to help move it forward."
Prior to joining RoundPoint, Worrall served as a director at CitiMortgage's CHAP bank, the fourth largest lender in the U.S., where he had direct responsibility for loss mitigation on Citi's risk-owned portfolio, master servicing, and sub-servicing relationships. Prior to joining CitiMortgage, Worrall worked for Fannie Mae as its vice president of operations for its national servicing organization. Prior to Fannie Mae, Worrall also held senior roles at Rescap and GMAC-RFC.
"Having Dave Worrall join our team is a great addition to RoundPoint's capabilities and institutional knowledge base," said Brungardt. "Dave's accomplishments in servicing Fannie Mae's multi-trillion dollar loan portfolio and specific expertise in special servicing and distressed asset management make him uniquely suited to assist RoundPoint achieve its goals for growth in 2010 and beyond. We could not be more pleased to have him aboard."
For more information, visit www.roundpointfinancialgroup.com.