CMIS Focus

CMIS Focus eMagazine


eMagazine of the
Coalition for Mortgage Industry Solutions (“CMIS”)

Click Here  CMIS Focus eMagazine Q1 2009 Issue

CMIS Focus Special Edition Q3 2010 Issue
Banks & Credit Unions | Is HAMP Causing Capital Ratio Impairment?
Click Here


Tidbits, Facts, & Updates 2009

AFN Bankruptcy, Foreclosure, & REO Legal Watch
     Bankruptcy Watch - Carolyn A. TaylorPartner HughesWattersAskanase
     Foreclosure Watch – Cynthia Nierer,Rosicki, Rosicki & Associates, P.C.
     REO Property Preservation Watch – Robert Klein, CEO Safeguard Properties

Sub-Prime Mortgage Crisis: The Legal Business Fallout, Pink Slips, Attrition & Redeployment, By Andrew J.  Sherman, Esq.

Hidden Gems: Reconciling New Laws, Rules & Best Practices Guidance:

$700B Plus Rescue Law: HR 1424; $300B Voluntary Short Refinance Law: HR 3221; SEC & FASB New Guidance: FAS 157 Fair Value ; New Principal Forgiveness Modifications without Loss Write-Offs!; Wilbur Ross’ Solutions: CMIS DC Summit Webinar

“Zone of Insolvency” Meets the “Zone of Coverage” in the Mortgage Meltdown”–By Richard Ivar Rydstrom, Esq., Chairman, Coalition for Mortgage Industry Solutions


Conference & Webinar Corner:

The American Legal & Financial Network (AFN): On behalf of the members of the AFN we invite you to attend its 7th Annual Leadership Conference. The theme of this year’s event is “New Growth for a New Beginning.” The conference dates are July 21, 22, 23, and 24.  For more information go to:

 Highlights in our next issue of CMIS Focus:

Insurance Coverage Traps; Operating in the Insolvency Zone, Home Affordable Modifications; Home Affordable Refinances; B.K. Cram Downs and more.


October 2008 - New Rules, Regulations, Guidance and Law

2009 - BK Cram Downs, Operating in the Zone of Insolvency & Insurance Traps


West Coast: Richard Rydstrom, Esq.
4695 MacArthur Ct. 11th Floor Newport Beach Ca 92660

East Coast:  Andrew Sherman, GC CMIS

Jones Day 51 Louisiana Ave. NW, Washington,DC20001-2113

 Special Thanks to:

William Leroy, CEO, Matt Bartel, COO, and Christina Danovsky of the American Legal & Financial Network (AFN) located at 12400 Olive Blvd., STE 555St. Louis, MO63141 Phone:  314-878-2360 Fax:  314-878-2236


Dickstein Shapiro, L.L.P.

 Excel Innovations, Inc.

 Kozeny & McCubbin, L.C.

 Phelan, Hallinan & Schmieg, L.L.P.

Potestivo & Associates, P.C..


 Safeguard Properties, Inc.

 Trott & Trott, P.C.

 Zucker, Goldberg & Ackerman, L.L.C.


CMIS Focus eMagazine

 Executive Board Members:

Richard Rydstrom

Andrew Sherman

William Leroy


[CMIS Focus]