Residential Capital Corp./GMAC Mortgage has hired Steve Hewins as vice president in charge of vendor strategy and governance.
A spokeswoman for ResCap confirmed the recent hire to National Mortgage News.
ResCap, which is operating under bankruptcy protection, has been scaling back over the past year and its ability to attract new talent could bode well for the company. It continues to fund new mortgages and services a portfolio of $370 billion.
At least three firms are vying for ResCap which is owned by Ally Financial. Ally, in turn, is majority owned by the U.S. Treasury Department.
At the privately held LenderLive, Hewins served as executive vice president of origination and conduit services.
