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NAICS Code· 522310

NAICS 522310: Mortgage and Nonmortgage Loan Brokers

This industry comprises establishments primarily engaged in arranging loans by bringing borrowers and lenders together on a commission or fee basis. Cross-References. Establishments primarily engaged in--Show more

NAICS 522310 – Mortgage and Nonmortgage Loan Brokers encompasses firms that act as intermediaries in facilitating loan origination for residential, commercial, and other nonmortgage financing products on behalf of lenders. These brokers do not originate or fund loans directly but connect borrowers with financial institutions, negotiate terms, manage documentation, and ensure compliance with federal lending regulations such as Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA).

5
Active Contracts
$4.5M
Total Obligations (12mo)
4
Awarded Contracts (12mo)
1
Contractors Awarded (12mo)
1
Median Bidders per Award
-63.4%
YoY Growth
Dotted
NAICS 522310 FAQ

Frequently Asked Questions

NAICS code 522310 covers Mortgage and Nonmortgage Loan Brokers. This industry comprises establishments primarily engaged in arranging loans by bringing borrowers and lenders together on a commission or fee basis. Cross-References. Establishments primarily engaged in--

Recently Posted in Mortgage and Nonmortgage Loan Brokers

NAICS: 522310
Federal
Bundling Notice - USDA Rural Development (RD) Loan Servicing & Operational Support
Solicitation # 12E3-RD-TBD
USDA Rural Development is consolidating multiple fragmented loan-servicing support functions into a single nationwide Blanket Purchase Agreement under the GSA Multiple Award Schedule, specifically utilizing SIN 522310 for Financial Advising, Loan Servicing, and Asset Management. The goal is to streamline operations, improve service consistency, enhance regulatory compliance, and achieve significant cost savings of 8.65% across a portfolio valued at over $94 million, including all option years. The contract, structured with a one-year base and nine optional years, will be performed primarily from Saint Louis, Missouri, and will require the prime contractor to deliver end-to-end servicing including loan modification, workout strategies, digital modernization, and audit and compliance support. Market research concluded that no small business can perform at least 50% of the requirement due to the scale, complexity, and technical demands, justifying a substantial bundling action under FAR 7.107-2, with the SBA formally coordinated and a Determination and Findings document supporting the decision. Despite the prime being restricted to other-than-small businesses, a 22% small business subcontracting goal has been established, and Contract Team Arrangements are permitted to enable small business participation through GSA Schedule vehicles. Evaluation will prioritize small business participation as the primary factor, alongside technical approach, past performance, and cost, indicating a trade-off method rather than LPTA. The contractor must hold MISMO certification, demonstrate experience managing large federal loan portfolios, and maintain robust compliance and audit teams. No security clearances are required, but performance will be assessed against operational benchmarks including regulatory compliance rates, error reduction, timeliness, and borrower outcome improvements. Invoicing, payment, and detailed accounting data are not specified, but oversight is retained by the USDA Rural Housing Service’s Servicing Office, which holds inherently governmental authority for final acceptance. The contract is set to be awarded through SAM.gov with a posting date of July 27, 2026, and point of contact is James Sowden with Bridget Purdy as secondary.
Rural Housing Service

POSTED

3 months ago

DEADLINE

N/A
View Details

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