-11.13.24 SYNOPSIS 4.0docx.pdf

THIS IS A SYNOPSIS NOTICE ONLY. THIS IS NOT A REQUEST FOR OFFERS, QUOTES OR

PROPOSALS.

The United States Department of Housing and Urban Development (HUD) intends to solicit offers in response to Sources Sought Announcement Notice ID MCM40FN, to contract for the Mortgagee Compliance Manager 4.0 (MCM) services in support of HUD's Single Family Real Estate-Owned (REO) property inventory. HUD intends to award a single-award Firm Fixed Price.

The Federal Housing Administration (FHA), a division of the Department of Housing and Urban Development (HUD), oversees the single-family mortgage insurance program. The FHA provides protection to approved lenders against potential losses on loans they extend for the purchase and, in certain cases, the rehabilitation of single-family residences. Should a borrower default on an FHA-insured loan, the lender may take possession of the property through foreclosure, a deed-in-lieu of foreclosure, or other acquisition methods, subsequently filing a claim for insurance benefits and transferring the property to HUD. Consequently, due to acquisitions made through the mortgage insurance program and other initiatives, HUD is tasked with managing and selling a substantial inventory of single-family homes in a way that encourages home ownership, supports community preservation, and optimizes returns to the FHA insurance funds. HUD stands as the largest single seller of real estate in the United State. HUD administers the Real Estate Owned (REO) disposition program through four, Homeownership Centers (HOC) located in Philadelphia, Pennsylvania; Atlanta, Georgia; Denver, Colorado; and Santa Ana, California. Each HOC is responsible for a designated geographic area.

The Department of Housing and Urban Development (HUD), Office of Single Family Asset Management (OSFAM), National Servicing Center (NSC) requires contractor support to provide Mortgagee Compliance Manager (MCM) services. HUD has identified primary objectives for the Mortgagee Compliance Manager (MCM) Contractor. The MCM will be responsible for the pre-conveyance and post-conveyance activities associated with REO assets. These responsibilities include reviewing property inspection reports to ensure the property is being conveyed to HUD in "conveyance condition", verifying that marketable title is conveyed to HUD, resolving conveyance exceptions, providing guidance to Mortgagees related to pre-conveyance and post-conveyance responsibilities, and utilizing HUD’s REO system of record and other systems to execute and complete the tasks within the contract. Additionally, the MCM will provide HUD with real-time access to all pertinent documents, reports, and information relative to Mortgagee Compliance. Mortgagee Compliance Manager services shall include:

·Pre-Conveyance Activities

Extensions of Time Reviews

Over-Allowable Reviews

Occupied Conveyance Reviews

Surchargeable Damage Reviews

·Post Conveyance Activities

Claim Reviews

Title Evidence Review and Approval

Voluntary Deed Execution

Administrative Remedies Review

Reporting

Document Administration

Customer Service

Transition In Services

HUD conducted significant market research in support of this requirement, including issuing three (3) public Sources Sought notices in FedBizOpps, https://www.fbo.gov and GSA eBuy. Based on the results of the market research, HUD has determined that these opportunities will be set aside for small businesses under FAR Part 19, Total Small Business Set-aside. Offers received in response to the solicitation will be evaluated in accordance with FAR Part 15 procedures. The Government does not intend to use FAR Part 12 for this solicitation. The North American Industrial Classification System (NAICS) code for this acquisition is 531390, Other Activities Related to Real Estate with an identified Business Size Standard of $13.5 million. HUD anticipates issuing one (1) contract, resulting in a single contract award for the MCM

4.0 requirement.

The resultant contract will be Firm Fixed-Price (Fixed Unit Rate) type contract. The awarded contract will include a 12-month base period and four (4) 12-month options, which is intended to provide for up to five years of total service life. The solicitation is expected to be released on or about November 29, 2024, Proposals will be due 30 calendar days from the issuance date of the solicitation. In order to be eligible for award, firms must be registered in the System for Award Management (SAM) database under the corresponding NAICS code solicited and must meet any business size restrictions imposed under the set-aside. Businesses may obtain information on registration via the Internet at website www.fsd.gov. Upon issuance of the solicitation, the solicitation document(s) may be obtained via the Federal Business Opportunity website https://www.fbo.gov/index.

PLEASE DO NOT PROVIDE ANY SUPPLEMENTAL INFORMATION. DO NOT SUBMIT

TECHNICAL OR COST PROPOSALS OR ANY OTHER INFORMATION. THE PURPOSE OF

THIS SYNOPSIS IS IN ACCORDANCE WITH FAR PART 5.203.