Matrix Financial Services Corporation /
RoundPoint Mortgage Servicing Corporation
Matrix Financial Services Corporation to buy RoundPoint Mortgage Servicing Corporation
- Price
- $10.5m
- Stage
- Agreement signed
- Seller
- Freedom Mortgage Corporation
What happened
Matrix Financial Services Corporation, a wholly owned subsidiary of Two Harbors Investment Corp., agreed to acquire RoundPoint Mortgage Servicing Corporation from Freedom Mortgage Corporation. The transaction is expected to close in 2023, subject to customary conditions and required approvals.
The preliminary purchase price will be based on RoundPoint’s tangible net book value, plus a premium amount of $10.5 million, with additional adjustments.
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Matrix Financial Services Corporation to buy RoundPoint Mortgage Servicing Corporation
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