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RoundPoint to Create 1,100-Plus Jobs at New S.C. HQ

NationalMortgageProfessional.com
May 23, 2018
RoundPoint Mortgage Servicing Corporation has announced it has replaced two of its existing debt facilities with a new, $650 million facility. Under the new facility, the credit commitment has increased by over $300 million

RoundPoint Mortgage Servicing Corporation has announced that its new corporate headquarters will be located in York County, S.C., a $34 million investment projected to create 1,100 new jobs.
 
Founded in 2007, RoundPoint is a fully-licensed agency and non-agency subservicer for commercial banks, credit unions, mortgage companies and hedge funds. The company currently services more than $75 billion of mortgage assets, which are comprised of its own assets and loans subserviced for many other types of investors worldwide. Licensed in all 50 states, RoundPoint is publicly rated by Fitch Ratings, Standard & Poor’s and Kroll Bond Rating Agency.
 
“We are very appreciative of the opportunity to move our headquarters to South Carolina and are especially grateful to Gov. Henry McMaster, Secretary Robert M. Hitt III and the S.C. Department of Commerce for working so closely with us to make this move possible,” said Kevin Brungardt, Chief Executive Officer of RoundPoint Mortgage Servicing Corporation. “Establishing our new headquarters here is an important part of our vision and growth plan as we add new employees to transform our business and achieve our aggressive business goals. It’s an exciting time for our organization, and I want to express my personal thanks to our employees who are the lifeblood of our company and the chief reason for our continued success.”
 
RoundPoint’s new headquarters is expected to be operational by the third quarter of 2019. Hiring for the new positions should also begin in the third quarter of 2019. For this project, the Coordinating Council for Economic Development approved job development credits, as well as a $500,000 Set Aside grant to York County to assist with the costs of site preparation and building construction.



 
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