RoundPoint Mortgage servicing corporation provides services on mortgage finance. In the finance industry, you must have heard the name RoundPoint Mortgage Servicing Corporation and also the services it provides.
About RoundPoint Mortgage
RoundPoint Mortgage is a company that provides mortgage financing services. It basically works as a Mortgage Servicing Company. It was founded in 2007 with the intention to create the fastest, easiest, efficient experience that could satisfy its borrowers. The headquarter of the RoundPoint Mortgage servicing corporation is located in Charlotte, North Carolina.
RoundPoint has the license for servicing loans in the district of Columbia and the US virgin islands. The US Department of Housing and Urban Development has appointed
RoundPoint Mortgage servicing corporation as an approved servicer. Not only that, it also got the approval of the US Department of Veterans Affairs and the US Department of Agriculture.
If we take a look at the business of RoundPoint Mortgage Servicing Corporation, it primarily focuses on three kinds of services- Co-issue services, Mortgage origination or retention and loan sub-services. RoundPoint was primarily a licensed loan servicer for servicing the residential mortgage loans, assisted by the Bank of America. Till now, it has serviced $90 billion in loans.
It has launched a new facility, $650. Through which it replaced its two existing facilities. And as a result, the credit commitment increased by over $300 million.
Talking about the new facility of RoundPoint, it is available until 2021. It was designed to lower the cost of borrowing. It also offers more flexible long term financing plans for continuing the strong growth of RoundPoint.
The chief executive of RoundPoint Mortgage servicing corporation has recently stated that they are more than happy being assisted by the Bank of America in obtaining greater capacity for seeking additional strategic investments.
Objectives of RoundPoint Mortgage Servicing Corporation
RoundPoint Mortgage is one of the largest, fully integrated, non-banking mortgage servicing companies of the nation. It was established with a simple objective, which was- Delivering meaningful value to its customers and serving the homeowners all the homeownership needs.
Services Provided by RoundPoint Mortgage Servicing Corporation
RoundPoint Mortgage servicing corporation is famous for providing various kinds of mortgage services like-
- Provides options for mortgage and origination payments.
- Assets management services.
- Loan restructuring and Collateral based loss mitigation
- Solutions regarding loss mitigation and lending.
- REO Management.
- Full and Sub Servicing for homeowners and borrowers investors in the United States.
RoundPoint Mortgage servicing corporation is a licensed agency. It works as a sub servicer for the Commercial Banks, Mortgage Servicing Companies, Hedge Funds and for Credit Union also. As RoundPoint Mortgage servicing corporation provides various kinds of services, it becomes very tough to choose the aptest services among them. But there is nothing to worry about it. Because RoundPoint Mortgage servicing corporation has an expert consultant group for your help. Just visit them and they will make you understand which services are appropriate for you and why.