Provide Underwriting Support of Section 184 and 184(a) Closed Loan Packages.
Closed Solicitation Posted
- Solicitation number
- 86614921R00003
- Responses due
- Set-aside
- Total Small Business
Opportunity facts
- NAICS code
- 522310 Mortgage and Nonmortgage Loan Brokers
- PSC
- R704 Support- Management: Auditing
- Place of performance
- United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Department of Housing and Urban Development seeks a contractor to provide underwriting support services for Section 184 and 184(a) closed loan packages. The selected contractor shall conduct a pre-endorsement review of closed loan files to ensure compliance with approved underwriting terms and Real Estate Settlement Procedures Act regulations. The contractor must complete up to 125 loan file reviews per week within three business days and adhere to quality standards. Proposals will be evaluated based on past performance, technical qualifications, and price. The response deadline was extended to May 17, 2021.
This opportunity is set aside as a total small business procurement. The NAICS code is 541611 and PSC code R699. The place of performance will be within the United States. The potential contract value over the base year and four option years is estimated to be $X. The selected contractor is required to review a minimum of 500 loan files per month and provide pricing on a per report and monthly basis.
Notice text
HUD seeks a Contractor who shall provide a pre-endorsement review of the closed files to ensure that the Section 184 loans are closed in compliance with the approved terms and conditions noted on the Office of Loan Guarrantee (OLG) Firm Commitment and Mortgage Credit Analysis Worksheet (MCAW); ensure compliance with the Real Estate Settlement Procedures Act (RESPA) regulations, and ensure compliance with the Section 184 specific program requirements
Files
| File | Type | Posted |
|---|---|---|
| 86614921R00003 Section 184 Underwriting.pdf | ||
| ATTACHMENT B - Revised PRICE SCHEDULE.docx | DOCX document | |
| ATTACHMENT B - PRICE SCHEDULE.docx | DOCX document | |
| 86614921R00003 Underwriting Support Section 184.pdf | ||
| ATTACHMENT A Nondisclosure HUD-Offeror.docx | DOCX document | |
| ATTACHMENT C PPQ.docx | DOCX document |
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