This Sources Sought opportunity from Department Of Housing And Urban Development was posted on November 27, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Home Equity Conversion Mortgage (HECM) insurance program

Closed

NOF-FY25-01Federal

Submission Closed12/06/2024, 07:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 518210

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Solicitation # 64

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POSTED

1 day ago

DEADLINE

in 20 days

General Info

Agency

Department Of Housing And Urban Development → Cpo : Research And Community Suppor

NAICS

518210 - Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

Place of Performance

Washington, DC, 20410, USA

Set-Aside

NONE

Documents

Attachment C - HECM Proposed CLIN Structure

1 page · specifications

High

HECM Software as a Service (SaaS) Performance Work Statement

sow

High

SFH Home Equity Conversion Mortgage Business Services Questionnaire

2 pages · sources-sought

High

HUD HECM Business Services Sources Sought Notice

sources-sought

Low

AI Contract Breakdown

Uniform Contract Format

Contract not broken down yet

CLEATUS splits the solicitation into Uniform Contract Format (UCF) sections: scope, pricing, deliverables, and evaluation criteria.

Timeline

1 update

PhaseClosed

PostedOct 31

Sources Sought

Notice updatedNov 27

Response deadline changed from Nov 29, 2024 to Dec 6, 2024. The notice description changed.

Response DeadlineDec 6

Deadline has passed

Submission Closed

12/06/2024, 07:00:00 PM UTC

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Organization & Contact Information

AgencyDepartment Of Housing And Urban Development → Cpo : Research And Community Suppor

Contacts2 people available

OfficeWASHINGTON, DC, 20410, USA

Organization / AgencyDepartment Of Housing And Urban Development → Cpo : Research And Community Suppor

Office AddressWASHINGTON, DC, 20410, USA

Contacts

Dwayne E. Gist

David Kim

Full Description

FHA's current Home Equity Conversion Mortgage (HECM) insurance program utilizes the Home Equity Reverse Mortgage Information Technology (HERMIT) system, provided by Reverse Market Insight, Inc. FHA is considering dividing this large contract into two separate contracts. Single Family HECM Services (NOF-25-01): FHA Single Family requires Software as a Service (SaaS) for management of its HECM endorsed and assigned portfolio servicing activities, along with the functions for loan setup and assignment claim (claim type 22) processing. These services will include enhanced features for lenders and HUD staff, including a borrower portal and self-service reports. Accounting Services (NOF-25-002): FHA requires Software as a Service (SaaS) for its traditional HECM accounting activities, including MIP calculation and collection, notes disbursement, plus the processing of claim types 21, 23, and 24, and claims calculation and disbursement functions. FHA is looking for technical application services that meet Federal Risk and Authorization Management Program (FedRAMP) requirements at the Moderate impact level and other Federal Government cybersecurity and privacy requirements. HUD received an unanticipated number of questions in response to its sources sought notice and finds it inappropriate to respond at this time. As market research progresses, HUD expects to provide additional information. Respondents are invited to submit capability statements and responses to HUD's questionnaire via email to david.y.kim@hud.gov, with a cc to dwayne.e.gist@hud.gov, no later than Friday, December 6, 2024, 2:00 PM Eastern Standard Time for consideration.