PWS Attachment 14 - Sales Cancellation Reason Codes.pdf
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- Attached to
- REO Case Management Support Services - Solicitation Amendment 00002 Federal contract opportunity
- Solicitation number
- 86615622R00009
About this file
This solicitation document requests proposals for REO case management support services. The U.S. Department of Housing and Urban Development seeks a contractor to provide a FedRAMP compliant commercial web-based SaaS subscription service to support HUD's REO case management and workflow tracking processes. The services include a web-based SaaS application to send, receive, distribute, analyze, maintain, and manage REO case information. The contract consists of a one-year base period with four one-year options and will be awarded as a hybrid firm fixed price and indefinite delivery indefinite quantity contract. Proposals are due by June 20, 2022. The NAICS code is 518210 with a $35 million small business size standard.
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Text version
ATTACHMENT 14 SALES CANCELLATION REASON CODES
Reason
Code Description
Code
Type
D1 CANCELLATION OF DIRECT SALE Owner
I1 UNINSURED SALE Investor
I2 INSURED SALE - UNACCEPTABLE BUYER PER HUD OR DE Investor
I3 INSURED SALE - ANY OTHER REASON THAN I2 Investor
I4 OTHER GOOD CAUSE PER REO DIRECTOR (ENTER JUSTIFICATION ON REMRKS SCRN) Investor
O1 DEATH IN IMMEDIATE FAMILY (SPOUSE OR CHILD IN RESIDENCE) Owner
O2 RECENT SERIOUS ILLNESS IN IMMEDIATE FAMILY W/SIG. MED. EXP/LOST INCOME Owner
O3 PRIMARY BREADWINNER LOST JOB/SUBSTANTIAL INCOME W/O FAULT Owner
O4 DEEMED UNACCEPTABLE BORROWER BY HUD OR DE (INSURED SALE ONLY) Owner
O5 APPROP AMNT PRE-APPRVD, UNABLE TO BORROW SUFFIC. AMT (UNINS SALE ONLY) Owner
O6 OTHER GOOD CAUSE PER REO DIRECTOR (ENTER JUSTIFICATION ON REMRKS SCRN) Owner
O7 APPROP AMNT PRE-APPRVD, UNABLE TO BORROW SUFFIC. AMT (UNINS SALE ONLY) Owner
O8 NO/POOR/UNTIMELY DOCUMENTATION PROVIDED (INSURED AND UNINSURED SALES) Owner
D2 CANCELLATION OF DIRECT SALE AT 50% Owner
D3 CANCELLATION OF DIRECT SALE AT 100% Owner
I5 BID CANCELLATION FOR INVESTORS Investor
O9 BID CANCELLATION FOR O/O
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