Hunton Andrews Kurth Represents Freedom Mortgage in Sale of RoundPoint Mortgage Servicing LLC
Hunton Andrews Kurth LLP represented Freedom Mortgage Corporation in the sale of RoundPoint Mortgage Servicing LLC to Matrix Financial Services Corporation, a wholly-owned subsidiary of Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets. RoundPoint became a wholly owned subsidiary of Matrix upon the closing of the transaction and has retained its servicing licenses and capabilities.
A leader in VA and government-insured lending, Freedom Mortgage is an independent mortgage company that originates and services mortgage loans. Hunton Andrews Kurth has previously advised Freedom Mortgage in transactions involving the purchase and sale of mortgage servicing rights.
The Hunton Andrews Kurth team who advised on the transaction was led by M&A partners Michael Goldman and Austin Maloney, and associates Charles Matthews and Marissa Rogers. The team also included partner J.C. Chenault and associate Matthew Chriss for real estate; counsel Michelle Lewis and associate Tyler Richardson for employee benefits; partner Ryan Glasgow for labor; partner John Gary Maynard and counsel Matt Ricciardi for intellectual property; and partner Alexander McGeoch for tax.
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