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Loan Modification

: Mortgage Lender Implode-o-Meter

Gleacher & Company Launches Residential Mortgage Banking Initiative

By Implode-Explode Heavy Industries

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"Gleacher & Company, Inc. (Nasdaq: GLCH), today announced that it has launched a residential mortgage banking initiative, having completed the previously announced acquisition of ClearPoint Funding, Inc. through the Company?s newly formed subsidiary, Descap Mortgage Funding, LLC."

Full post as published by Mortgage Lender Implode-o-Meter on January 04, 2011 (boomark / email).

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