Daniel L. Lord

2 Millfording Road
Mechanicsburg, PA 17050

Contact Information

Office: 717-691-1450
Cell: 717-265-5955
Email: dan@lordmortgage.com

Real Estate Information

NMLSR ID: 490247

Summary

License PA Mortgage Broker and Realtor. Originator in Mortgage industry for 19 years, employed by Nation’s largest mortgage provider and also established and operated two mortgage brokerages. Provide consulting services to Private Wealth Management companies, CPAs, and Title companies. Extensive experience with all aspects of residential loans from underwriting to closing. Familiar with all aspects of credit requirements from credit authorization forms to minimum requirements of the Fair Credit Reporting Act when accessing consumer credit during mortgage application process.

Areas of Expertise

  • Fraud*
  • Consumer Privacy*
  • SAFE Act
  • Predatory Lending*
  • U.S. Department of HUD
  • Appraisal Issues
  • RESPA and Regulation X
  • Loan Qualifying (FHMA/FHLMC)
  • Flood Insurance
  • Disclosure/Compliance
  • Mortgage Insurance
  • Underwriting
  • Fair Lending
  • Title Closing Issues
  • FACTA, TILA, Regulation Z
  • Real Estate Sales and Marketing
  • Loan Servicing
  • Regulation C (HMDA)
  • State and Federal Licensing
  • Applied Professional Ethics
  • Secondary Marketing

Employment History

Lord Mortgage Corporation, Mechanicsburg, PA

Mortgage Broker, July 2013 – Present

  • Originate Fannie Mae (FNMA) Freddie Mac (FHLMC) Ginnie Mae, (GNMA), Veterans Affairs (VA), U.S. Department of Agriculture (USDA, Federal Housing Administration (FHA) and Nontraditional Mortgage Loan Products.
  • Create all company hiring, operational and procedural policies to comply with The SAFE Act, NMLS, CFPB, HMDA,RESPA (RegX), FACTA,and TILA.
  • Establish and maintain wholesale lending relationships with numerous residential and commercial lenders and negotiate pricing. Maintain and meet all Broker reporting requirements.
  • Consult with State Politicians and Local Title Companies regarding Fraud and Predatory Lending prevention.

Wells Fargo Private Mortgage Banking, Camp Hill, PA

Private Mortgage Banker, Feb 2011 – July 2013

  • PMB responsible for both originator and underwriter duties. Credit approval authority to $2 Million.
  • Exceed Customer Expectations in Account Management for Portfolio of Close Loans.
  • Received specialized training in Fraud Identification and Prevention and also Predatory Elimination in order to educate other PMBs, Private Bank’s Wealth Coordinators, Private Bankers, Trust Managers, Senior Commercial Bankers, Investment Bankers, and Insurance Group.

PNC Mortgage, Wealth Management, Camp Hill, PA

Mortgage Banker, Dec 2006 – Jan 2011

  • Qualified clients for conventional, jumbo, FHA, and VA mortgages.
  • Chosen to represent the Wealth Management division.
  • Completed loan applications, reviewed appraisals for accuracy, and collected proper supporting documentation
  • Identified and solicited independent wealth management firms, realtors, attorneys, bank customers, and additional sources that provided sales opportunities; established and maintained mutually profitable relationships.
  • Top producer 2009 and 2010 in the Central PA market

Sovereign Bank, Camp Hill, PA

Mortgage Banker, May 2002 – Dec 2006

  • Qualified clients for construction loans, conventional, jumbo, subprime, FHA, VA, and mixed-use mortgages
  • Chosen to represent the Wealth Management division in the marketplace
  • Completed loan applications, reviewed appraisals for accuracy, and collected proper supporting documentation
  • Top volume producer in Central PA in 2005 and 2006

Campus Property Management, Philadelphia, PA

Portfolio Manager, October 1999 – May 2002

Developed investment strategies and directed all acquisition activities; maintained profitability of $94M, 1500-unit residential and 12-unit commercial portfolio. Managed an office staff of property managers for a major real estate development company:

  • Determined property market values using the income / sales comparison approach.
  • Completed all sales documents, created proformas and other verification of the property’s income.
  • Conducted feasibility studies; selected and negotiated real estate acquisitions through direct owner contact, broker relationships, sheriffs sales, bank asset sales and available investor portfolios.
  • Performed rental analysis and made estimates of necessary capital improvements.
  • Handled evictions, collections, negotiated repayment for damages and conducted all court proceedings.
  • Liaised with contractors and staff for reconstruction, renovation and upkeep of acquired properties Recognized / implemented cost control initiatives and increased revenues from leases.
  • Developed the security and emergency plan in response to 9/11 events.

Key Achievements:

  • Member of the team that negotiated the management contract for the University of Pennsylvania’s residential portfolio.
  • Awarded “Excellence in Community Awar,” Apartment Association of Greater Philadelphia, 2001.

List of Cases and Expert Consultation available on request