Thrifts and Mortgage Finance
Company Overview of Clearpoint Funding, Inc.
Company Overview
As of February 22, 2013, Clearpoint Funding, Inc. was acquired by Homeward Residential, Inc. Clearpoint Funding, Inc., a wholesale mortgage company, provides loans for customers in the United States. It offers conventional, government, and matrix loans. The company allows customers to transfer loans from other lenders. Clearpoint Funding, Inc. was formerly known as Virgin Money USA, Inc. and changed its name to Clearpoint Funding, Inc. in November 2009. The company was founded in 2000 and is headquartered in Westborough, Massachusetts. Clearpoint Funding, Inc. operates as a subsidiary of Gleacher & Company, Inc.
4 Technology Drive
Suite 200
Westborough, MA 01581
United States
Founded in 2000
Key Executives for Clearpoint Funding, Inc.
Clearpoint Funding, Inc. does not have any Key Executives recorded.
Clearpoint Funding, Inc. Key Developments
Clearpoint Funding, Inc. reported earnings results for the third quarter of 2012. For the quarter, the company reported a pre-tax loss of $500,000, in line with its current expectations. Operating performance improved compared to the second quarter pre-tax loss of $2.5 million on the back of higher loan volumes, which are currently managed to produce a breakeven result.
ClearPoint Funding, Inc. added Sharon Bitz and Corey Moore as vice presidents and division managers. Bitz was a regional vice president at Pinnacle Capital Mortgage Corp., while Moore was a market sales manager for the home loans and insurance division of Bank of America Corp.
Similar Private Companies By Industry
| Company Name | Region |
| Homeowners Mortgage Enterprises, Inc. | United States |
| Bank & Trust Company | United States |
| California Community Reinvestment Corporation | United States |
| State Bank of Georgia | United States |
| Great Nations Bank | United States |
Recent Private Companies Transactions
| Type Date |
Target |
|
Merger/Acquisition
February 15, 2013 |
-- |
Most Searched Private Companies
| Company Name | Geographic Region |
| Bertelsmann AG | Europe |
| Lawyers Committee for Civil Rights Under Law | United States |
| NYC2012, Inc. | United States |
| Rush University | United States |
| Citizens Budget Commission | United States |
Post a JobJobs
- New York, NY | Ernst & YoungPosted: May 20
- Citrus Heights, CA | HirelivePosted: May 14
- Omaha, NE | Pentagon Federal Credit UnionPosted: May 04
- Alexandria, VA | Pentagon Federal Credit UnionPosted: Apr 27
Sponsored Financial Commentaries
Sponsored Links
To contact Clearpoint Funding, Inc., please visit www.clearpointfunding.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.
