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RoundPoint Is Acknowledged for Rapid Expansion in Charlotte

RoundPoint Mortgage Servicing Corporation [1] announced that it has been selected as one of the Charlotte Business Journal [2]’s 2018 Fast 50.

The financial records of all nominated companies were reviewed to determine the 50 fastest growing private companies in the Charlotte region. All winners will be included in the Fast 50 Special Report published in the December 7 issue of the Charlotte Business Journal. The actual rankings of these 50 companies—which is based on the average percentage of annual growth over a three-year period—will be revealed during the awards program at the Fast 50 Awards Dinner hosted by the Charlotte Business Journal on December 6, 2018.

“We’re excited about this achievement as it’s a testament to our team’s hard work and dedication,” said Kevin Brungardt, CEO of RoundPoint. “Many people played a role in helping RoundPoint reach this point and we’re grateful that their collective efforts have been recognized in this way. We look forward to continued, disciplined growth as our firm moves forward in 2019 and beyond.”

Founded in 2007, RoundPoint is a fully licensed agency and non-agency subservicer for commercial banks, credit unions, mortgage companies, and hedge funds. As one of the nation’s largest non-bank mortgage servicers, it currently services over $80 billion worth of mortgage assets and is authorized to service loans in all 50 states, the District of Columbia, and the U.S. Virgin Islands. The company is headquartered in Charlotte with an office in Dallas, and is publicly rated by Fitch Ratings, Standard & Poor’s, and Kroll Bond Rating Agency. RoundPoint is a seller and servicer for Fannie Mae [3] and Freddie Mac [4] and an approved single family issuer and servicer for Ginnie Mae [5]. RoundPoint is also an approved servicer for the U.S. Department of Housing and Urban Development (HUD), the U.S. Department of Veterans Affairs [6] (VA), and the U.S. Department of Agriculture [7] (USDA). In addition to servicing loans guaranteed by Fannie Mae, RoundPoint services for third parties and has an extensive portfolio of loans involved in Federal Deposit Insurance Corporation (FDIC) structured and shared loss transactions.