PREFERRED MORTGAGE SERVICES - Key Persons

Dan previously served in the capacity of a Managing Director at Countrywide, Credit Suisse, and GMAC-RFC in the areas of mortgage finance, mortgage operations, and mortgage servicing. He has held senior management positions with a broad span of control including risk management, technology, and operations. He is an accomplished industry innovator, having devised GMAC-RFC's business strategy to enter the distressed assets and built their special servicing and subprime servicing capability de-novo. At Credit Suisse, he transformed their special servicing operation functioning on a limited technology platform into a fully integrated primary and special servicing platform, capable of supporting the full breadth of their conduit originations, spanning Alt-A, Sub Prime, Manufactured Housing, Second Liens and Distressed Loans. At Countrywide's Correspondent Lending Division, he managed Products, Pricing, and Technology for the world's largest and most efficient mortgage origination platform. Dan is a 1983 graduate of Princeton University.