An intrastate move to a new headquarters location has a servicer of residential loans adding more than a thousand jobs in the Palmetto State.
RoundPoint Mortgage Servicing Corp. reports that it services and sub-services single-family loans with a collective unpaid principal balance of more than $75 billion.
Currently, the 11-year-old mortgage servicer maintains its company headquarters in Columbia, South Carolina.
But in an announcement Tuesday, RoundPoint indicated that it is moving its headquarters to the Charlotte, North Carolina, suburb of Fort Mill, South Carolina. The servicer is investing $34 million in the new location.
The move to the new office, which will generate job development credits and a $500,000 grant for RoundPoint, is expected to be begin in the third-quarter 2019.
“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,” RoundPoint Mortgage Servicing Chief Executive Officer Kevin Brungardt said in today’s announcement. “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.”
The move is projected to generate 1,100 jobs at the new location.
A spokeswoman for RoundPoint didn’t immediately respond to a question about how many jobs will be lost in Columbia.
RoundPoint will begin hiring for the new location in the third quarter of next year.
