The Department of Housing and Urban Development (HUD) awarded a $1,859,675.84 firm-fixed price contract to Reverse Market Insight, Inc. to develop and maintain a HECM Loan Comparison and Underwriting Tool (HLCUT) for HECM roster counselors. This is a total small business set-aside contract with a period of performance through September 29, 2029. The HLCUT will provide secure online access and calculations for all HECM loan products, including costs, amortization schedules, and tracking of...
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...
The U.S. Department of Housing and Urban Development (HUD) awarded a $1,912,191.93 firm-fixed-price purchase order to Ibis Software Corporation to provide an online Client Budget and Resource Identity Tool (CBRIT) for Home Equity Conversion Mortgage (HECM) program counselors. The CBRIT tool will allow HECM counselors secure access to client financial, lifestyle, and health information to generate household budgets. The contract has a period of performance through February 11, 2025 and was set...
The U.S. Department of Housing and Urban Development (HUD) awarded a $354,172.13 firm-fixed-price purchase order to the National Council on Aging, Inc. (NCOA), a non-profit organization, to provide HECM (Home Equity Conversion Mortgage) financial web-based tools and counseling support services. The contract has an ultimate completion date of April 30, 2018 and was awarded on February 15, 2016. NCOA is a leading national organization focused on improving the lives of older adults, and has...
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...
The U.S. Department of Housing and Urban Development (HUD) awarded a firm-fixed-price delivery order contract to Pavr Software Solutions LLC, a self-certified small disadvantaged business, to provide HECM (Home Equity Conversion Mortgage) exam support services. The contract has a ceiling value of $336,885.76 and a period of performance through September 24, 2017. This award was made as an 8(a) sole source contract, a set-aside program for small, disadvantaged businesses. Pavr Software Solutions,...
This is a $48,857,078.00 firm fixed-price definitive contract awarded by the U.S. Department of Housing and Urban Development (HUD) to Compu-Link Corporation, doing business as Celink, for the Home Equity Conversion Mortgage (HECM) program. The HECM program enables seniors to convert equity in their homes into monthly income or lines of credit. Celink, a subservicer of reverse mortgages, has been awarded multiple HECM contracts by HUD ranging from $34.2 million to $34.3 million with...
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...
This is a definitive, firm fixed-price contract awarded by the U.S. Department of Housing and Urban Development (HUD) to Reverse Market Insight, Inc. (RMI), a minority-owned, self-certified small disadvantaged business and SBA-certified 8(a) firm. The contract, valued at $27,259,683.43, is for RMI to provide HECM (Home Equity Conversion Mortgage) Business Service Provider (BSP) administration and oversight support services to facilitate HUD's management of the HECM reverse mortgage program....
This is a firm-fixed-price contract awarded by the U.S. Department of Housing and Urban Development (HUD) to It Data Consulting LLC (ITDC), an SBA-certified 8(a) small disadvantaged business, to provide actuarial review services for HUD's Single-Family Forward Mortgage and Home Equity Conversion Mortgage (HECM) portfolios. The contract has a ceiling value of $8,561,972.35 and a performance period through February 7, 2028. The contract requires ITDC to develop four modules for each portfolio to...