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RoundPoint Selected as Subservicer by Bay Point Advisors

NationalMortgageProfessional.com
Aug 17, 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 (RPMS) has been selected as a subservicing partner for Bay Point Advisors LLC, an Atlanta-based private lender providing small- and medium-sized businesses with secured, mezzanine, bridge and DIP financing. RPMS services loans for a variety of Investment Banks, PE firms, hedge funds, mortgage banks, credit unions/CUSO’s.
 
“We are excited to add Bay Point to our diverse subservicing investor client base and we remain committed to partnering with organizations, such as Bay Point Advisors, as they continue to expand businesses and communities,” said Allen Price, Senior Vice President and Head of Business Development for RPMS.
 
Charles Andros, President of Bay Point Advisors, said, “RoundPoint is very responsive to our needs and we are delighted by the service they provide.”


 
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