EXHIBIT 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree that only one statement containing the information required by Schedule 13D and any further amendments thereto need to be filed with respect to the beneficial ownership by each of the undersigned of shares of common stock of EXCO Resources, Inc., a Texas corporation, and further agree that this Joint Filing Agreement be included as an exhibit to the Schedule 13D provided that, as contemplated by Section 13d-1(k)(1)(ii), no person shall be responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

Dated: December 10, 2010

WL ROSS & CO. LLC
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR RECOVERY FUND IV, L.P.
By:	WLR Recovery Associates IV LLC,
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR RECOVERY FUND IV XCO AIV I, L.P.
By:	WLR Recovery Associates IV LLC,
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR RECOVERY FUND IV XCO AIV II, L.P.
By:	WLR Recovery Associates IV LLC,
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member

By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR RECOVERY FUND IV XCO AIV III, L.P.
By:	WLR Recovery Associates IV LLC,
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR SELECT CO-INVESTMENT, L.P.
By:	WLR Select Associates LLC
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR SELECT CO-INVESTMENT XCO AIV, L.P.
By:	WLR Select Associates LLC
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR/GS MASTER CO-INVESTMENT, L.P.
By:	WLR Master Co-Investment GP, LLC
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member

By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR/GS MASTER CO-INVESTMENT XCO AIV, L.P.
By:	WLR Master Co-Investment GP, LLC
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR IV PARALLEL ESC, L.P.
By:	INVESCO WLR IV ASSOCIATES LLC
	its General Partner
By:	INVESCO Private Capital, Inc.
	its Managing Member
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.
	its Chief Executive Officer
WLR RECOVERY ASSOCIATES IV LLC
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC, its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WLR SELECT ASSOCIATES LLC
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC, its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member

WLR MASTER CO-INVESTMENT GP, LLC
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC, its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
INVESCO PRIVATE CAPITAL, INC.
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.
	its Chief Executive Officer
INVESCO WLR IV ASSOCIATES LLC
By:	INVESCO Private Capital, Inc.
	its Managing Member
By:	/s/ Wilbur L. Ross
	Wilbur L. Ross
	its Chief Executive Officer
WL ROSS GROUP, L.P.
By:	El Vedado, LLC, its General Partner
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
EL VEDADO, LLC
By:	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.,
	its Managing Member
WILBUR L. ROSS, JR.
	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.