ATTACHMENT A: STATEMENT OF WORK (SOW)

MORTGAGE PREPAYMENT REPORTS

1.0 BACKGROUND

The Federal Housing Finance Agency (FHFA) was created by the Housing and Economic Recovery Act of 2008 (HERA) to regulate and supervise Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks (jointly, the “regulated entities”). HERA combined three organizations, the Office of Federal Housing Enterprise Oversight, the Federal Housing Finance Board, and a group from the Department of Housing and Urban Development, which collectively had previously regulated these regulated entities. These institutions play critical roles in supporting our nation’s housing finance system. Fannie Mae and Freddie Mac guarantee mortgage-backed securities (MBS) and hold mortgages and MBS’ for investment. The Federal Home Loan Banks lend money to banks and other financial institutions using mortgages as collateral and also invest in mortgage-related assets. In 2008, FHFA placed Fannie Mae and Freddie Mac in conservatorships, where they remain.

2.0 SCOPE

FHFA is seeking contractor services to: (1) develop and deliver commercially available quarterly reports for comparing loan origination and prepayment performance of mortgages guaranteed by Fannie Mae and Freddie Mac on a firm-fixed-price (FFP) basis. The reports shall be based on commercially available and marketed data that is available to the Contractor. FHFA will use these reports internally and may share them with other government agencies or the public.

FHFA and the Contractor can bilaterally negotiate to include other reports on a FFP basis as needs arise for related reporting capabilities and information.

3.0 OBJECTIVE

The overall objective of this requirement is to obtain reports that present loan origination attributes and prepayment performance of mortgages guaranteed by the Enterprises.

4.0 TASKS

4.1 FFP Quarterly Reports

FHFA requires that the Contractor provide reports showing actual, historical loan origination and prepayment data for mortgages guaranteed by each Enterprise in categories such as, but not limited to:

• deciles,

• cohorts,

• coupons,

• servicers,

• loan-to-value ratio, and

• other relevant groupings.

The Contractor shall update the reports and supporting data tables/charts (machine-readable format) quarterly and provide them electronically, either through e-mail, website download, or similar means.

Requirements for the specific, known reports that the Contractor must deliver are provided in Attachment D. The Contractor shall provide all reports in Attachment D on an FFP, quarterly basis. FHFA can periodically request minor report criteria changes (e.g., date range, data/cohort parameters, etc.). The Contractor shall make “minor report changes,” (e.g., font changes, format changes, etc.) as defined by the Contractor to reports during performance without additional charge beyond the monthly FFP. Data precision in the delivered reports shall match the examples provided in Attachment D.

4.2 Additional Services and Information

The Contractor’s FFP quarterly report services, at a minimum, must include:

• Notwithstanding any language to the contrary in the Contractor’s license agreement, FHFA is permitted to use the Services for official Government purposes including, but not limited to, reports, presentations, graphs, public releases, other publications, and examination of the regulated entities. Where appropriate, the Contractor will be cited as the data provider for such reports, presentations, graphs, public releases, and other publications, in a commercially reasonable manner.

• Subject matter expert/technical support services, through email and/or telephone, at no additional cost beyond the cost of the FFP monthly report services. The support should be comparable to the support it provides to other customers. Subject matter expert/technical support services include, but are not limited to, answering report-specific questions, report validation issues, report updates, etc.

5.0 DELIVERABLES

The contractor shall deliver the reports specified in this SOW. The contractor shall deliver the reports in line with the samples provided in Attachment D and method (e.g., email attachment, website download) accepted by the COR.

Deliverable Due Date Recipient

Post-award Meeting: The purpose of the post-award kickoff meeting is to discuss/clarify any remaining technical and contracting objectives and to discuss and resolve any concerns or ambiguities with the report formats and data content. The contractor shall participate in the meeting telephonically/virtually with the CO and COR within ten

(10) business days after award. The Contractor shall not charge or invoice for the time spent in this meeting.

Ten (10) business days after award.

CO; COR

Pre-production “Draft” Reports Fifteen (15) calendar days after award, if necessary.

COR

Pre-production “Final” Draft Reports

Five (5) calendar days after receipt of FHFA comments on pre-production draft reports, if necessary.

COR

Quarterly Reports 15th calendar day of each quarter of performance (e.g., October 15th for Third Quarter reporting.

COR

6.0 LICENSE AGREEMENT REQUIREMENTS

The license agreement, if any, for the needed reports, at a minimum, must include and/or conform to the following requirements:

• At the termination or expiration of the license agreement, FHFA shall have the right to maintain and use indefinitely print or electronic copies of its reports, presentations, or other content created in accordance with the license agreement;

• Authorized end users at FHFA may access and use the product from their official duty stations or remotely via FHFA’s virtual private network (VPN) when such end users are conducting business for the benefit of FHFA;

• FHFA does not permit compliance audits; however, the license agreement may require that FHFA will provide written assurance of its compliance or other alternative agreed to in writing by the Contracting Officer;

• The license agreement shall not include an indemnification of the Contractor by FHFA;

• The license agreement shall be governed by, and construed in accordance with, the federal laws of the United States of America;

• The Contractor shall represent and warrant that it makes commercially reasonable efforts to ensure that the software, data, or product as applicable is free of any viruses, worms, Trojan horses, malware, and/or other malicious code;

• The license agreement shall not include terms that authorize assignment of the purchase order except in accordance with Federal Acquisition Regulation Subpart 42.12;

• Contractor shall acknowledge and agree that if there is a conflict between the terms and conditions of the license agreement and those of the purchase order, the purchase order governs;

• The license agreement shall permit FHFA to use the data product for official Government purposes, including but not limited to reports, presentations, graphs, public releases, other publications, and examination of the regulated entities;

• The license agreement may acknowledge that FHFA is a federal government agency and is exempt, by law, from the payment and collection of sales taxes; and

7.0 PLACE OF PERFORMANCE/SECURITY

The Contractor will perform work at its own facilities. No security access to FHFA facilities is contemplated for this work.

8.0 INFORMATION TECHNOLOGY ACCESSIBILITY (SECTION 508) (BEST

MEETS EXCEPTION IS APPLIED)

Section 508 of the Rehabilitation Act, as amended by the Workforce Investment Act of 1998 (P.L. 105-220) requires that when Federal agencies develop, procure, maintain, or use information and communication technology (ICT), it shall be accessible to people with disabilities. Federal employees and members of the public who have disabilities must have access to, and use of, information and data that is comparable to people without disabilities.

Products, platforms and services delivered as part of this work statement that are ICT, or contain ICT, must conform to the Revised 508 Standards, which are located at 36 C.F.R. §

1194.1 & Apps. A, C & D, and available at https://www.access-board.gov/ict/

E102 / 702.10 – Web Content Accessibility Guidelines (WCAG) success criteria level A & AA are incorporated as a requirement. The referenced WCAG criteria is available at http://www.w3.org/TR/WCAG20/

E202.7 - Best Meets Exception applied.

Applicable Functional Performance Criteria

All functional performance criteria apply when using an alternative design or technology that achieves substantially equivalent or greater accessibility and usability by individuals with disabilities than would be provided by conformance to one or more of the requirements in Chapters 4-6 of the Revised 508 Standards, or when Chapters 4-6 do not address one or more functions of ICT.

Applicable Requirements for Software and Web Products

Web deliverables/tools and access shall conform to the following standards:

• E207 – WCAG Level A & AA Success Criteria

• E302 – Functional Performance Criteria

• E502 – Interoperability with Assistive Technology

• E503 – Application

Electronic Documents and/or Support Services

All services and deliverables such as reports, training materials, support documentation and plans, shall conform to the following standards:

• E205 – WCAG Level A & AA Success Criteria

• E302 – Functional Performance Criteria

• E602 – Support Documentation

• E603 – Support Services https://www.access-board.gov/ict/ http://www.w3.org/TR/WCAG20/

9.0 PERIOD OF PERFORMANCE

The period of performance will be for a one (1) year base period and four (4) one-year option periods.

10.0 GOVERNMENT-FURNISHED PROPERTY

No government-furnished property or information will be provided.