Home Equity Conversion Mortgages (HECM) Software as a Service (SaaS).

The contract involves the provision of a Software as a Service (SaaS) solution specifically designed for Home Equity Conversion Mortgages (HECM), which are reverse mortgage products insured by the federal government. This opportunity is forecasted by the Department of Housing and Urban Development's Office of Housing, aiming to procure software services to support HECM operations. The solicitation is designated as a Total Small Business Set-Aside under the Federal Acquisition Regulation (FAR) 19.5 guidelines, emphasizing the engagement of small businesses for this procurement. The relevant NAICS code for this contract is 518210, indicating it pertains to data processing, hosting, and related services. While detailed location information and solicitation number are not specified, the point of contact is Jonnae A. Williamson, who can be reached via the provided HUD email. This forecasted contract represents a strategic initiative to enhance the technological capabilities related to HECM management within the Department of Housing and Urban Development.