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.