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The History of the CMIS Coalition for Mortgage Industry Solutions,
D.C., Newport Beach, Ca
 2007 to the expiration of HAMP

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CMIS™

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CMIS History of Success: CMIS was established by Rich Rydstrom and Wil Leroy (CEO AFN) with the general counsel of Dickstein Shapiro (DC),  to help reconcile disparate interest to resolve the Great Recession. Rydstrom was the Chairman of CMIS creating solutions and best practices for HAMP, foreclosure and related banking standards, and safe harbors. Rydstrom’s 110th Congressional Statement was termed the Bible for solutions to the Great Recession.  CMIS DC General Counsel was DICKSTEINShapiro; K Street, D.C.

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CMIS History 2006

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DicksteinShapiro
   CMIS General Counsel K Street

CMIS Mission: CMIS History; Some Interviews & Articles:
PERSON OF THE WEEK: Richard Rydstrom And A New Coalition Of The Willing; CMIS Executive Leadership Summit June 17, 2008 Click ; CMIS Endorsement TARP SecPaulson Click CMIS; Creation of HAMP & Standards ClickRydstrom CMIS Launches Four Task Forces;  CMIS; HAMP Coalition Work for the Great Recession Click
CMIS; HAMP Program Click ; CMIS; HAMP Awards Click CMIS Awards Click ; CMISfocus Magazine Rydstrom & Wilbur Ross Summit Solutions; CMIS Community Banks Magazine Alert
NBI/CMIS Rydstrom Live Webcast 2Vol DVD Set CLE NAtional Event with Book; Rydstrom Congressional Statement 110th Congress House Ways & Means re Economic  Crash & Solutions; ***HARP Program Rydstrom PhilHAll Interview ; Interview Rydstrom Hall Gov Raskin Fines Servicers; Jumbo Loans Interview RydstromNational Experts Rydstrom Interview John Clapp ; AG HArris Interview Rich Rydstrom CMIS ; Mod Safe Harbors by Rydstrom Cmis; FHA GNMA Ballon Rydstrom Cmis; Restructure GSEs Freddie Fannie Rydstrom; Experts Annual Review Rydstrom Secon Financing; Recovery Interview Rydstrom; All Presidents HAMPmen Rydstrom; * * * Commercial; Mods Vegas Rydstrom; Commercial Mods Ready for Prime Time? Rydstrom; FINAL REGULATIONS OPEN ISSUES Rydstrom Cmis; Constructor Magazine Rich Rydstrom; FHFA Principal Reductions Interview Rich Rydstrom Phil Hall;  News Release Secret Seconds Piggyback Mortgages

Rich Ivar Rydstrom Congressional Statement US Govt GPO 110th House Ways Means Committee

Rydstrom Esq Landmark Ca Case HAMP & Unfair Trade Practices West v. JP Morgan Chase;
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Rydstrom, Chairman of CMIS on Shadow Banking ;  Rydstrom creates Shadow Banking and Covered Bond Guidance  http://shadowbanking.com

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List of Articles & Links to Rydstrom CMIS Articles, Quotes & Interviews in National Banking Press

 

National Expert: When the U.S. Treasury was establishing national policy on mortgage modifications and foreclosures for President Obama’s Home Affordable Modification Program (HAMP), Rydstrom served on the official working groups with the American Legal & Financial Network (AFN), MBA, consumer groups and banking institutions. When the 110th Congress wanted a neutral analysis of the predictive mortgage finance meltdown, Rydstrom was chosen to give an official Statement to the House Ways & Means Committee. When the AFN wanted to educate its mortgage banking servicers on the U.S. Treasury’s first HAMP outline, they chose Rydstrom.

Mr. Rydstrom has been quoted or published by: United States Congress, The Los Angeles Times, USA Today Magazine, MortgageOrb, Mortgage Daily News, Orange County Register, Tax.org, National Business Institute, CMISfocus eMagazine, Pepperdine University (Law, Business Journal), AIR Commercial Real Estate Association, Constructor Magazine for the AGC Association, Society of California Accountants, various Landlords and Real Estate Owners associations and others. Richard is a frequent keynote speaker, moderator, panelist, and CLE instructor for National Business Institute for lawyers, judges, banks, and servicers.

Some significant distinctions include: Published in a Statement to the 110th Congress, House Ways & Means Committee, Chairman Charles Rangel Considered a national expert in mortgage banking and related foreclosures Honorary member of the American Legal and Financial Network (AFN) Chairman of CMIS (Coalition for Mortgage Industry Solutions) Member of the HAMP Policy Working Groups (AFN, Treasury, etc.) CLE speaker and educator for attorneys, judges, banks, servicers, accountants and financial advisors for the National Business Institute (NBI) Frequent keynote speaker, panelists, and moderator at national conferences and webinars including the AFN, NBI, CMIS, CMBA Voluntary Settlement Officer (VSO) for all Los Angeles courts

 Articles Publications: Mr. Rydstrom has authored numerous articles including the Public Educational Outreach Booklet entitled 13 Homeowner Solutions to Default & Foreclosure, Zone of Insolvency Meets the Zone of Coverage in the Mortgage Meltdown“ Liability Lessons from the Official Take-Under of Bear Stearns, The National Mortgage Meltdown and the Collapse of the Shadow Banking System, Helping Homeowners Keep Their Homes, and Lenders Keep Their Loans, The New Liability Circle, From Enron to Martha! and 12 New Rules to Keep You & Your Client Out of Corporate Jail! [2003 Update re SOX“ Sarbanes-Oxley; FASB, GAAP].

BIO for Rich Rydstrom Chairman

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