CHARLOTTE, NC – 19 Oct, 2015 – RoundPoint Mortgage Servicing Corporation (RoundPoint), one of the nation’s largest mortgage servicing companies, announced today that the company has hired Allen Price, a well known industry veteran, to serve as the company’s Senior Vice President of Business Development. In his new role he will focus on expanding the company’s subservicing business.
“Allen’s track record of success in our industry is well known and his many existing relationships make him a perfect choice to lead us to continued growth in our subservicing business,” said Kevin Brungardt, RoundPoint CEO. “The subservicing business is about strategic relationships and those relationships are only as strong as the executives that maintain them within your enterprise. I can’t think of a stronger individual to have overseeing our subservicing relationships than Allen.”
Price joins RoundPoint from LoanCare, part of ServiceLink and a sister company to Black Knight Financial Services, where he was SVP and head of business development for subservicing. In that position, he focused his team on acquiring subservicing assets from a variety of investors that included: capital market participants, credit unions and credit union service organizations, independent mortgage banking firms, private equity firms, and state housing finance agencies as well as the GSEs.
Prior to LoanCare, Price was Senior Vice President and Head of Business Development for Nationstar Mortgage, a Fortress Company, where his duties included expansion of the subservicing portfolio of assets. Earlier, he was Vice President and senior risk executive for residential mortgages for BBVA Compass, and served as Senior Vice President of Capital Markets Risk for Bank of America. Allen started his career at Fannie Mae and received his formal credit training from SunTrust Bank.
“I chose to come to RoundPoint because it’s a phenomenal company,” Price said. “This is a world class mortgage servicing operation that is growing, has innovative products and services, and a seasoned and dedicated management team that understands the mortgage industry and subservicing business. There are fewer firms in the industry today that truly understand this business, so it increases the opportunity for firms like RoundPoint. It made perfect sense for me to transition to this organization to help expand and grow that business.”
To reach Mr. Price, e-mail him at Allen.Price@roundpointmortgage.com
Or contact him directly by dialing 704-426-8846
About RoundPoint Mortgage Servicing Corporation
RoundPoint is licensed to service loans in all fifty states, the District of Columbia, and the U.S Virgin Islands and is publicly rated by Fitch Ratings (RPS3+, RSS3+) and Standard & Poor’s (Average). RoundPoint is a seller and servicer for Fannie Mae and Freddie Mac, and is an approved Single Family Issuer and Servicer for Ginnie Mae, and maintains current MBS issuer eligibility. RoundPoint is also an approved servicer for the U.S. Department of Housing and Urban Development, the U.S. Department of Veterans Affairs and the U.S. Department of Agriculture. In addition to servicing loans guaranteed by Fannie Mae, RoundPoint services for third parties and has an extensive portfolio of loans involved in FDIC structured and shared loss transactions.
For information about RoundPoint, please call (866) 970-3863, visit our customer website at www.rpmservicing.com, or learn more about RoundPoint’s servicing offerings at www.roundpointexchange.com
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