Issuer Stress Testing for continuous analytical reviews & enhancements to Ginnie Mae's non-depository & depository stress testing frameworks and suite of models for more than 400 issuers in the Mortga...

This contract focuses on performing issuer stress testing to support ongoing analytical reviews and improvements of Ginnie Mae's stress testing frameworks and modeling tools. It specifically targets the risk assessment processes for more than 400 issuers involved in both non-depository and depository sectors within the Mortgage-Backed Securities (MBS) and Home Equity Conversion Mortgage-Backed Securities (HMBS) programs. The objective is to ensure the robustness and accuracy of Ginnie Mae’s risk management approaches, thereby enhancing the agency's ability to monitor and mitigate potential financial stress on issuers. The contract, identified by number 47QFDA22F0029, is set as a total small business set-aside in accordance with FAR 19.5 and falls under NAICS code 523999, which relates to investment advice and related services. The Government National Mortgage Association (Ginnie Mae), part of the Department of Housing and Urban Development, oversees the contract execution. While specific location and organizational type details are not provided, the point of contact is Michele Sherwood, who can be reached via the provided HUD email. This initiative aligns with Ginnie Mae’s commitment to maintaining a resilient mortgage-backed securities market through continuous analytical oversight and model enhancement.