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Charleston Business

Mortgage Servicing Firm Plans 1,100 Jobs In S.C.

May 22, 2018 10:18AM ● By Kathleen Maris
RoundPoint Mortgage Servicing Corporation, a mortgage-servicing company that delivers innovative solutions for managing residential mortgages, announced that its new corporate headquarters will be located in York County. The company's $34 million investment is 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 worth 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.

Located at 2280 Deerfield Drive in Fort Mill, S.C., RoundPoint's new headquarters is expected to be operational by the third quarter of 2019.

The Coordinating Council for Economic Development approved a $500,000 Set Aside grant to York County to assist with the costs of site preparation and building construction.

"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 S.C. Department of Commerce for working so closely with us to make this move possible," said CEO Kevin Brungardt. "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."