SC: RoundPoint Mortgage Servicing Corp. to Invest $34M, Hire 1,100 for New HQ

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, South Carolina. 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, South Carolina, RoundPoint's new headquarters is expected to be operational by the third quarter of 2019. Hiring for the new positions should also begin in the third quarter of 2019, and interested applicants should visit RoundPoint's career page.

For this project, the Coordinating Council for Economic Development approved job development credits, as well as a $500,000 Set Aside grant to York County to assist with the costs of site preparation and building construction.

Quotes

"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. 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." -RoundPoint Mortgage Servicing Corporation CEO Kevin Brungardt

"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. 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." -Gov. Henry McMaster

"Today, we're proud to celebrate the continued diversification of our economy in South Carolina. Not only is our state a leader in advanced manufacturing, we're also home to many headquarters and office operations. We look forward to working with RoundPoint Mortgage Servicing Corporation in the years ahead and are excited by the difference they will make in York County." -Secretary of Commerce Bobby Hitt

"We both congratulate and welcome RoundPoint Mortgage Servicing Corporation as they announce plans for their new corporate headquarters right here in York County. We share in their excitement as they reveal their vision and plans for growth here. We celebrate the many job opportunities this will create in our community." - York County Council Chairman Britt Blackwell

Five Fast Facts

• RoundPoint Mortgage Servicing Corporation is locating its new headquarters in York County.
• $34 million investment to create 1,100 new jobs.
• RoundPoint is a fully-licensed agency and non-agency subservicer of residential mortgages.
• 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.

Hiring for the new positions should begin in the third quarter of 2019, and interested applicants should visit RoundPoint's career page.

About S.C. Department of Commerce

As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. S.C. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. S.C. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, since 2011, the Palmetto State has ranked among top three in the nation for attracting jobs through foreign investment on a per capita basis, according to IBM-Plant Location International. For more information, visit www.SCcommerce.com.