Patrick McClain is Senior Vice President of Enterprise REO for GMAC ResCap. Patrick joined the organization in 1999 and has served in various positions within the REO group. Patrick began his career with GMAC within the Investor Relations group and then moved to REO serving in various front line and management positions within the REO sales group. Patrick relocated to Dallas in February of 2007 to oversee the merger of the San Diego based Homecomings Financial and the Shelton CT based GMAC Mortgage REO platforms. In his current role Patrick is responsible for all operational support and sales activities for both the Primary and Sub-serviced portfolios. Patrick is also responsible for the Insurance Services and Title Resolution groups. He earned his BA in Political Science from Purdue University.
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Independent and authoritative analysis and perspective for the bond buying industry