This Solicitation opportunity from Rhode Island was posted on January 31, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Mortgage Electronic Registration Systems, Inc. (MERS) eAnnual Report Review Vendor
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
RIHousing is seeking proposals from qualified firms to conduct annual reviews required by Mortgage Electronic Registration Systems, Inc. (MERS) for its members who service 1,000 or more loans. The selected vendor will be responsible for validating data reconciliation and remediation procedures, reviewing MERS documentation, and assessing RI Housing’s MERS-related processes. Additionally, the firm will prepare a comprehensive internal audit report, execute the eAnnual Report submission to MERS, and facilitate a feedback session with RI Housing. The goal is to ensure compliance with MERS’s Quality Assurance Procedures and maintain accurate reporting standards. Proposals must be submitted via email by February 28, 2025, to Anthony Impagliazzo, Assistant Director of Loan Servicing, with the contract valued between $50,000 and $150,000. The engagement will be executed within Rhode Island, and interested firms can find more details through the provided online bidding portal.
General Info
Place of Performance
RI, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
Mortgage Electronic Registration Systems (“MERS”) Rules of Membership and Quality Assurance Procedures mandate that any member servicer who services 1,000 or more loans engage an independent third party to review its processes and complete the eAnnual Report. RIHousing seeks to engage a firm to perform these services. At a minimum, the review should include the following services:
Review and validate data reconciliation and remediation procedures Review and validate MERS required documentation Review and validate all RI Housing MERS related procedures Create the Quality Assurance internal audit report Execution of the eAnnual Report for submission to MERS Hold the feedback session with RI Housing
Proposals must be submitted via email to: Tony Impagliazzo at contact@example.gov no later than the response submission deadline set forth above.
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