RoundPoint Mortgage Servicing Corporation, a fully-licensed agency and non-agency subservicer of residential mortgages, has announced that it is relocating its headquarters to York County, South Carolina. The company’s $34 million investment is projected to create 1,100 new jobs.
Located at 2280 Deerfield Drive in Fort Mill, South Carolina, RoundPoint’s new headquarters is expected to be operational by the third quarter of 2019, with hirings beginning around the same period. The Coordinating Council for Economic Development approved job development credits for this project, as well as a $500,000 Set Aside grant to York County to assist with the costs of site preparation and building construction.
“When a company chooses to invest in our state and create jobs for our people, it shows that Team South Carolina’s efforts to create opportunities for our people are paying off,” South Carolina Gov. Henry McMaster said. “I congratulate RoundPoint Mortgage Servicing Corporation on its decision to build its corporate headquarters here and I’m honored to welcome them to the South Carolina business community.”
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 Governor Henry McMaster, Secretary Robert M. Hitt III and the South Carolina Department of Commerce for working so closely with us to make this move possible,” Kevin Brungardt, CEO of RoundPoint Mortgage Servicing Corporation said. “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.”