Is "ROUNDPOINT MTG PAYMENTS PPD ID: 1261151164" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk


RoundPoint Mortgage Servicing Corporation, established in 2007, is a company that operates within the mortgage servicing industry. They offer a range of mortgage-related products and services, including loan servicing and subservicing, loss mitigation, and customer support solutions. The company also provides mortgage refinancing options and assists clients with purchasing new homes. RoundPoint Mortgage Servicing Corporation is known for managing a diverse portfolio of loan types, serving both individuals and institutional clients.
  • ROUNDPOINT: Company/Organization Name
  • MTG: Abbreviation for Mortgage
  • PAYMENTS: Type of transaction
  • PPD: Acronym for Prearranged Payment and Deposit
  • ID: Identification
  • 1261151164: Unique Identifier Number
  • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3


    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
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