ClearPoint Funding, Inc., a national wholesale mortgage firm and a subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced the addition of Sharon Bitz and Corey Moore as Division Managers. This expansion of the Sales Operations Team aligns with Clearpoint Funding’s rapid growth as a leading wholesale mortgage originator.

Ms. Bitz, who joined the firm on October 18, 2011 as Vice President and Division Manager of the newly-formed Western Pacific Division, oversees the continued expansion of ClearPoint Funding’s national network of account executives and regional managers, focusing on the California market and Northwest Regions. With over 30 years of divisional and regional mortgage sales and operations experience, Ms. Bitz has built and led dynamic teams of managers and salespeople through training, mentoring and coaching. Her demonstrated ability to improve customer relations, team synergy and morale – while surpassing profit and funding goals – will be an asset to ClearPoint Funding.

Ms. Bitz stated, “I’m excited to join ClearPoint Funding and look forward to building on its already-impressive momentum. I’ve watched the firm’s growth and success over the last several months and consider it a privilege to join a team of such outstanding professionals. My primary focus is to continue expanding the firm’s network of sales professionals, and we’ve already made compelling progress toward achieving our goals.”

Mr. Moore, who joined the firm on November 1, 2011 as Vice President and Division Manager of the Central Division, oversees operations in the central part of the country from the Gulf States through the upper Midwest. Mr. Moore is a seasoned mortgage banking professional and has earned numerous awards for excellence in sales management, production and profitability during his more than 20 years in the industry. Mr. Moore brings extensive leadership experience, both as a National and Regional Manager, and oversees the continued growth and expansion of ClearPoint Funding’s Central Division.

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