Freedom Mortgage Sells RoundPoint to Two Harbors after 2 Years

August 4, 2022

National Mortgage News, Aug. 3, 2022–Brad Finkelstein (subscription)
Freedom Mortgage has moved on from RoundPoint Mortgage Servicing Corp. barely two years after it closed on the acquisition. Matrix Financial Services, a subsidiary of real estate investment trust Two Harbors Investment, agreed to purchase RoundPoint at a $10.5 billion premium to the servicer’s tangible net book value.
https://www.nationalmortgagenews.com/news/freedom-mortgage-sells-roundpoint-to-two-harbors-after-2-years