SHELTON, Conn., Sept. 16, 2014 /PRNewswire/ -- Clayton Holdings LLC, a leading provider of loan due diligence, surveillance, REO management and consulting services to the mortgage industry, announced today that John Maco has joined the company as a senior managing director of business development.

In this position, Mr. 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.

Mr. Maco brings to Clayton 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. Over the course of his career, Mr. Maco has held executive and management positions at Nexstar Financial Corporation, Prudential Home Mortgage, Citibank, First Boston Capital Group and Coldwell Banker Residential Real Estate.

"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," said Mr. Donatacci. "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."

Mr. Maco holds a Bachelor of Arts in political science from Providence College in Providence, RI.

About Clayton Holdings LLC
Clayton Holdings LLC, headquartered in Shelton, Connecticut, provides information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service and monitor loans and asset-backed securities. Clayton offerings include risk-based analytics, residential and commercial loan due diligence, consulting, surveillance and staffing solutions. The company provides customized REO management, BPOs, short sales and single family rental services through its Green River Capital subsidiary. A global reach in the financial services industry is provided by the company's European subsidiary, Clayton EuroRisk. Clayton Holdings LLC is a wholly owned subsidiary of Radian Group Inc. (NYSE: RDN). Additional information is available at www.clayton.com.

SOURCE Clayton Holdings LLC