Definitive Contract 86615323C00024
- Not listed
- This is a $40,716,465.31 firm fixed price definitive contract awarded by the Department of Housing and Urban Development (HUD) to Reverse Market Insight, Inc., a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) firm. The contract is for HECM/Business Service Provider (BSP) administration and oversight support services for HUD's Home Equity Conversion Mortgage (HECM) reverse mortgage program. This is a set-aside contract for small businesses. Reverse Market...
- This contract was awarded to Reverse Market Insight, Inc. (RMI), a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) firm, by the U.S. Department of Housing and Urban Development (HUD). The contract, valued at $14,164,230.23, is a definitive, firm fixed price contract for HECM/Business Service Provider (BSP) administration and oversight support services for HUD's Home Equity Conversion Mortgage (HECM) reverse mortgage program. RMI has previously served as a...
- The Department of Housing and Urban Development Office of the Chief Financial Officer awarded a definitive contract valued at $15,230,610.82 to Reverse Market Insight, Inc. doing business as Reverse Market Insight In for HOME EQUITY CONVERSION MORTGAGE (Home Equity Conversion Mortgage)/BUSINESS SERVICE PROVIDER (Business Service Provider) services. The contract has a period of performance from March 30, 2022 through September 29, 2023 and utilizes a firm fixed price contract type. The place of...
- The Department of Housing and Urban Development awarded a $1,859,675.84 definitive contract to Reverse Market Insight, Inc. for development and maintenance of the HECM Loan Comparison and Underwriting Tool (HLCUT) on September 30, 2024, under a total small business set-aside. Reverse Market Insight, Inc. is a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) corporation. The originating solicitation, posted June 20, 2024, sought a contractor to deliver a secure...
- The Department of Housing and Urban Development (HUD) awarded a Firm Fixed Price definitive contract to Ibis Software Corporation for the HECM (Home Equity Conversion Mortgage) Reverse Mortgage Tool for the DAS (Deputy Assistant Secretary) Office of Housing Counseling. The $810,444.00 contract was awarded on May 4, 2017 with a completion date of September 30, 2022. The contract does not have a set-aside designation. Ibis Software Corporation, a for-profit Subchapter S Corporation, is the prime...
- This definitive contract award to SP Technologies, LLC (doing business as SP Group LLC) provides $654,081.36 in firm fixed-price funding from the U.S. Department of Housing and Urban Development (HUD) for a comprehensive analysis of the Federal Housing Administration's (FHA) Home Equity Conversion Mortgage (HECM) program. The contract, awarded on September 30, 2020 under an 8(a) sole source set-aside, requires the woman-owned, minority-owned small business to examine the HECM program's...
- The Department of Housing and Urban Development awarded a $102 million definitive contract to Compu-Link Corp (doing business as G-Link Government Solutions) for Home Equity Conversion Mortgage (HECM) servicing on November 8, 2024, under a sole-source justification citing only one responsible source and no alternative supplies or services to satisfy agency requirements. The originating solicitation, posted as a Special Notice on October 31, 2024 with a November 5, 2024 response deadline,...
- The Federal Housing Administration (FHA) awarded a firm fixed-price purchase order to Ibis Software Corporation for the development of a Home Equity Conversion Mortgage (HECM) Loan Comparison and Underwriting Tool. The contract, valued at $32,795.86, was awarded on November 6, 2024, with an ultimate completion date of November 7, 2024. The work will be performed in Alameda, California, and no set-aside designation was applied to this procurement. This tool is intended to support FHA's HECM...
- This is a federal contract award to New View Advisors LLC, a for-profit limited liability company, for $124,750.00 in advisory and risk modeling services for the Federal Housing Administration's (FHA) Home Equity Conversion Mortgage (HECM) program. The contract, awarded by the FHA, is a firm-fixed-price purchase order with a period of performance ending on September 29, 2017. The contract was not set aside for any specific type of business. The award appears to be for consulting and modeling...
- The Department of Housing and Urban Development (HUD) awarded a firm-fixed price contract to Ibis Software Corporation for the HECM Loan Comparison and Underwriting Tool (HLCUT) project. The total potential value of the contract is $1,856,415.78 and the period of performance ends on September 29, 2024. The contract was awarded under a total small business set-aside, and the HLCUT will provide online tools for housing counselors to compare and underwrite various types of Home Equity Conversion...
The Department of Housing and Urban Development (HUD) has awarded a $12,477,869.00 firm fixed price contract for HOME EQUITY CONVERSION MORTGAGE (HECM)/BUSINESS SERVICE PROVIDER (BSP) administration and oversight support services to Reverse Market Insight, Inc. (doing business as Reverse Market Insight In), a small disadvantaged business certified under the SBA 8(a) program. This contract, which does not have a set-aside designation, will provide services to support HUD's HECM reverse mortgage program over a performance period ending on September 29, 2024. Reverse Market Insight has previously provided HECM/BSP, HUD Ginnie Mae issuer stress testing, portfolio advisory, and mortgage-backed securities operations and analytics services to HUD, either directly or as a subcontractor to Deloitte & Touche LLP.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| P00003 | Exercise an Option | $5.9m | 3/28/24 | |
| P00002 | Other Administrative Action | $0 | 2/26/24 | |
| P00001 | Other Administrative Action | $0 | 12/19/23 | |
| Not listed | Not listed | $5.9m | 9/28/23 |