Former Speaker of the House Paul Ryan joining board of CIS Credit Solutions

CIS Credit Solutions, which provides credit services for mortgage lenders, is adding a big name to its newly formed advisory board.

The company announced Tuesday morning that former Speaker of the House Paul Ryan, R-WI, is joining the company’s board.

Ryan served in Congress for nearly 20 years, retiring from the House of Representatives last year. The company touts Ryan’s legislative experience as a big draw.

“Ryan brings nearly three decades of experience with complex national and international business, financial, energy, health care, and other issues to CIS’s Advisory Board,” CIS said in a release.

“Ryan was the 54th Speaker of the U.S. House of Representatives, where he was the youngest Speaker of the House in nearly 150 years. During his tenure, Paul spearheaded efforts to reform our nation’s tax code, rebuild our national defense, expand domestic energy production, combat the opioid epidemic, reform our criminal justice system, and promote economic opportunity,” the company continued. “As chairman of the House Ways and Means Committee, he worked to protect health care choices, advance free trade and strengthen the economy. Paul also served as chairman of the House Budget Committee.”

Ryan was also the Republican Party’s vice presidential nominee in 2016.

“We are honored to have Speaker Ryan join the CIS Advisory Board,” said Perry Steiner, chairman of CIS Credit Solutions. “CIS is building a market leader in providing services to the mortgage industry, and Paul’s leadership and his knowledge of financial markets and the banking industry will be a tremendous asset as we grow the CIS platform.”

Ryan joins CIS’ newly formed advisory board. The company’s formed the advisory board in January with its first member John Dalton, former Secretary of the Navy, former president of Ginnie Mae, and former president of the Housing Policy Council. “It will be a pleasure to work with Speaker Ryan in building CIS,” Dalton said.

In a statement, Ryan said that he is looking forward to working in the housing business.

“The housing industry is a pillar of the US economy, and I look forward to working with CIS as we build a world-class provider of services to the mortgage industry,” Ryan said. “I believe there are tremendous opportunities to simplify the mortgage process for people buying and refinancing their homes. CIS is a leader in technology and services to the industry, and I am excited to partner with the CIS team and its clients to help US homebuyers and homeowners.”