John Maco has joined Clayton Holdings, a provider of loan due diligence, surveillance, REO management and consulting services to the mortgage industry, as a senior managing director of business development.
Maco has more than 30 years of executive sales and senior management experience in the mortgage and financial services industries. Most recently, he was senior vice president of sales at Oversite Data Services, a provider of foreclosure data services for residential mortgage asset owners, stakeholders, investors and servicers. Prior to that, he served as regional vice president at JPMorgan Chase, where he developed, executed and managed sales efforts with corporate and institutional clients.
Maco has also held management positions at Nexstar Financial Corp., Prudential Home Mortgage, Citibank, First Boston Capital Group and Coldwell Banker Residential Real Estate.
In his new role, Maco will be responsible for expanding Clayton's customer base and developing and executing strategic initiatives with Clayton's parent company, Radian Group Inc. He will report directly to Tom Donatacci, Clayton's executive vice president of sales and marketing.
‘We expect that our new relationship with Radian will dramatically expand the distribution and range of solutions and services that we can offer the market,’ says Donatacci, in a release. ‘It will be John's responsibility to identify the strategic opportunities with Radian and drive these initiatives. His deep experience in lending, outsourcing, capital markets and real estate makes him an excellent choice for this new role.’