RoundPoint Financial Group Names Steve Bashmakov as Chief Financial Officer

-- Steve Bashmakov, former Chief Financial Officer for Residential Credit Solutions, Inc., takes similar role with RoundPoint Financial Group

Oct 19, 2010, 10:38 ET from RoundPoint Financial Group

CHARLOTTE, N.C., Oct. 19 /PRNewswire/ -- RoundPoint Financial Group, an integrated special servicing, originations and mortgage investment firm, announced today that it has named Steve Bashmakov as its new chief financial officer.

Mr. Bashmakov will report directly to RoundPoint CEO Kevin Brungardt.  Mr. Bashmakov's appointment is a continuation of Mr. Brungardt's strategy to add select professionals to support an assertive growth strategy.

"RoundPoint Financial Group is a forward-looking company furnished with a dynamic team," said Mr. Bashmakov.  "Kevin's vision for growing a truly integrated mortgage banking and investment company in this real estate market is compelling."

Mr. Bashmakov brings to RoundPoint significant financial management, investor relations, risk management and strategic planning experience from a range of boutique and large financial services organizations.

Prior to joining RoundPoint, he served as CFO and executive vice president of Residential Credit Solutions, Inc. He also served as CFO and board member at Resmor Trust in Toronto, overseeing a $2 billion balance sheet consisting of mortgage, auto and commercial loans.  Mr. Bashmakov held senior executive positions in finance at GMAC Residential Funding of Canada, Rescap and J.P. Morgan Chase.  He holds a master of science in Accounting Information Management and a bachelor of science from the University of Texas at Dallas.

ABOUT ROUNDPOINT FINANCIAL GROUP

Headquartered in Charlotte, North Carolina, RoundPoint Financial Group, Inc. is a fully integrated mortgage banking company focused on special servicing, mortgage investment management and originations.  RoundPoint Mortgage Servicing Corporation is a national mortgage servicer approved by HUD, Freddie Mac and Fannie Mae.

MEDIA CONTACT:

James Coronios

Dukas Public Relations

(212) 704-7385 x3653/x3575

james@dukaspr.com



SOURCE RoundPoint Financial Group