SF MSS

The U.S. Department of Housing and Urban Development (HUD) intends to award a sole source contract to Selene Finance LP to support the Single-Family Master Sub-servicer (SF MSS) Program, which includes loan servicing, loss mitigation services, bankruptcy and foreclosure services, and management and disposition of acquired properties. The current contract with Selene expires on August 11, 2023, and a new contract will be awarded to avoid a lapse in these critical services. This is not a request for competitive proposals, but any responses received within 7 days from the date of publication of this synopsis will be considered by the Government.

List of services to be provided by the contractor:

1. Support for the Single-Family Master Sub-servicer (SF MSS) Program
2. Loan servicing (servicing current, delinquent, terminated and seized loans, “pooled and non-pooled)
3. Loss mitigation services
4. Bankruptcy and foreclosure services
5. Management and disposition of acquired properties
6. Preparation/submission of insurance or guarantee claims.