Loan Level Servicer
ID: FHF-25-Q-0001Type: Combined Synopsis/Solicitation
Overview

Buyer

FEDERAL HOUSING FINANCE AGENCYFEDERAL HOUSING FINANCE AGENCYFEDERAL HOUSING FINANCE AGENCY, OBFMWASHINGTON, DC, 20219, USA

NAICS

Web Search Portals and All Other Information Services (519290)

PSC

SUPPORT- MANAGEMENT: DATA COLLECTION (R702)
Timeline
    Description

    The Federal Housing Finance Agency (FHFA) is seeking a contractor to provide loan-level servicer mortgage market data to enhance its analysis of the U.S. mortgage markets and evaluate the performance of mortgages held by Freddie Mac, Fannie Mae, and the Federal Home Loan Banks. The procurement involves delivering timely monthly data on U.S. originated mortgages, categorized into three bundles: Loan-Level Servicer Mortgage Market Data, Interest Rate Lock Data, and Insurance Data, over a contract period that includes a base year and nine optional annual extensions. This initiative is crucial for FHFA's oversight and understanding of the mortgage finance landscape, ensuring informed decision-making and policy formulation. Interested vendors must submit technical and price quotations by December 2, 2024, with questions due by November 14, 2024; for further inquiries, contact Jennifer Sellers at jennifer.sellers@fhfa.gov or 202-981-3890.

    Point(s) of Contact
    Files
    Title
    Posted
    The Federal Housing Finance Agency (FHFA) seeks a contractor to provide loan-level servicer mortgage market data for analysis of the U.S. mortgage markets, specifically regarding the performance of mortgages held by Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. The project involves delivering a detailed dataset, including loan, property, and borrower characteristics, as well as monthly updates and comprehensive documentation. Data will be categorized into three bundles: Loan-Level Servicer Mortgage Market Data, Interest Rate Lock Data, and Insurance Data. The contractor must ensure this data is timely, machine-readable, and accessible for FHFA’s governmental use, facilitating research and analysis. A licensing agreement must allow FHFA to use and maintain the data for official purposes while complying with Section 508 accessibility requirements. The contract is structured for a base year with nine optional annual extensions, emphasizing the importance of thorough data quality checks and technical support for effective implementation. The initiative represents FHFA's commitment to enhancing oversight and understanding of the mortgage finance landscape in the U.S.
    This RFQ (Request for Quote) document outlines the Federal Acquisition Regulation (FAR) provisions and Federal Housing Finance Agency (FHFA) clauses and provisions relevant to the solicitation. The primary focus is on the requirements for contractors bidding for a firm-fixed price contract. Key provisions include the system for award management, responsibility matters, instructions to offerors, and contract terms regarding acceptance, assignment, changes, and payments. The document stipulates guidelines for compliance with laws, reporting requirements, and contractor warranties, emphasizing the importance of adhering to federal regulations and ensuring the quality of goods and services. Specific clauses address issues such as inspection rights, liabilities, risk of loss, and the process for handling disputes. It also highlights the need for protecting Controlled Unclassified Information (CUI) and outlines the conditions for nondisclosure and secure handling of sensitive information. Overall, this RFQ serves as a comprehensive guideline, ensuring that contractors understand their obligations in terms of regulatory standards, operational procedures, and compliance with relevant laws, reflecting the meticulous nature of federal contracting processes.
    This government document outlines a Request for Proposals (RFP) for data services over a multi-year contract period, beginning December 1, 2024, and extending through November 30, 2034. The RFP specifies requirements for three key data services: Loan-Level Servicer Mortgage Market Data, Interest Rate Lock Data, and Insurance Data. The document delineates a Base Year and nine subsequent Option Years, detailing the tentative ordering periods for each service year. Vendors are instructed to submit their best unit prices for each service while adhering to specified guidelines—only the yellow-highlighted cells in the price schedule are to be completed. The terms stipulate that proposed prices are fixed, inclusive of all costs related to performance and delivery, with no additional charges permitted outside the stated fixed price. The structured approach of the RFP ensures clarity on pricing and requirements essential for compliance and budget planning, showcasing the government's methodical procurement process to obtain critical data services over a decade-long timeline. This RFP serves the federal government's need for consistent and accurate mortgage market data to aid in informed decision-making and policy formulation.
    The Federal Housing Finance Agency (FHFA) Subscriber Addendum outlines terms that govern the relationship between FHFA and its contractors, asserting FHFA's authority over conflicting agreement terms. Key points include the hierarchy of agreements, stipulations governing legal jurisdiction, dispute resolution, and modifications. Notably, terms allowing automatic renewal, indemnification obligations, and changes in liability are redefined or deleted. The document emphasizes FHFA's control over financial agreements, such as price increases and performance periods, while prohibiting certain contractor practices like name usage and physical audits. It mandates that any amendments must be documented, maintaining the integrity of government rights and obligations. This addendum underscores FHFA's commitment to compliance with federal laws, ensuring that contributions from contractors align with government regulations and expectations.
    The Federal Housing Finance Agency (FHFA) has issued a Request for Quotation (RFQ FHF-25-Q-0001) for loan-level servicer mortgage market data aimed at enhancing its analysis of nationwide mortgage markets and the performance of mortgages held by Freddie Mac, Fannie Mae, and Federal Home Loan Banks. The solicitation involves vendors providing timely monthly data on U.S. originated mortgages, with a contract period of one year and potential nine additional option years. FHFA emphasizes that the obligation of the Government is subject to the availability of funds. Quoters must submit both technical and price quotations separately, demonstrating their capability and experience as outlined in the Statement of Work. Important deadlines include questions due by November 14, 2024, and submissions due by December 2, 2024. The evaluation process will prioritize technical merit over price, with the possibility of multiple awards based on best value. Attachments include a detailed statement of work and various instructions for bidders. This RFQ reflects FHFA’s intent to facilitate informed decision-making by aggregating vital loan-level data from the mortgage market.
    Lifecycle
    Title
    Type
    Loan Level Servicer
    Currently viewing
    Combined Synopsis/Solicitation
    Similar Opportunities
    Request for Information
    Active
    Consumer Financial Protection Bureau
    The Consumer Financial Protection Bureau (CFPB) is issuing a Request for Information (RFI) to identify potential data and service providers for its Mortgage Interest Rate Explorer tool. The objective of this RFI is to enhance the tool's cost-efficiency and output quality by sourcing detailed data on mortgage interest rates and discount points from a diverse range of lenders, aiming for 75% coverage of the mortgage market and inclusion of at least 25 major institutions across all 50 states. This initiative is crucial for empowering consumers to make informed decisions regarding mortgage loans based on their personal characteristics. Interested vendors must submit a capabilities statement by November 12, 2024, and can direct inquiries to Vanessa del Toro at vanessa.deltoro@cfpb.gov or Michael Villano at Michael.Villano@cfpb.gov.
    Housing and Urban Development Mortgagee Compliance Management (MCM) Services
    Active
    Housing And Urban Development, Department Of
    The U.S. Department of Housing and Urban Development (HUD) seeks market intelligence from potential vendors for its Mortgagee Compliance Manager (MCM) role. HUD aims to manage compliance related to its acquisition of single-family homes through the Federal Housing Administration's (FHA) mortgage insurance program. This Sources Sought notice requests capability statements from vendors able to support pre- and post-conveyance services, including mortgage case management, administrative remedies, and customer service. Respondents should have a physical office and experience in mortgagee compliance to help HUD protect its interests nationwide. HUD emphasizes that this is a market research exercise with no financial commitment. Vendors are encouraged to respond by the deadline, providing a capability statement aligned with the draft Performance Work Statement. Contact Quotia Pitts or Charles W. Hoyle Jr. for more information.
    401(k) Plan Legal Services
    Active
    Federal Housing Finance Agency
    The Federal Housing Finance Agency (FHFA) is seeking qualified law firms to provide legal services for the administration of its 401(k) Plan through a Request for Quotes (RFQ No. FHF-25-Q-0002). The selected contractor will be responsible for a comprehensive range of legal support, including policy development, regulatory compliance, litigation representation, and training for the FHFA 401(k) Plan Oversight Committee, with a focus on fiduciary responsibilities and compliance audits. This procurement is vital for ensuring effective governance and legal oversight of employee benefit offerings within a federal agency. Interested firms must submit their technical quotations and price quotations by the specified deadline, and all inquiries should be directed to Carmen G. Rios at Carmen.Rios@fhfa.gov.
    REALTY/TRAC Subscription Services
    Active
    Housing And Urban Development, Department Of
    The Department of Housing and Urban Development (HUD) is seeking proposals for RealtyTrac Subscription Services, which will provide access to comprehensive foreclosure, delinquency, and residential sales data for analysis and research purposes. The primary objectives of this procurement include supporting evaluations of HUD programs, facilitating geo-spatial mortgage analysis, and providing timely data for public policy decisions, with a requirement for a database covering approximately 95% of U.S. households and historical data dating back to April 2005. Interested vendors must submit their quotations electronically by November 13, 2024, ensuring compliance with federal regulations, including provisions for small business participation. For further inquiries, potential bidders can contact Tracey Dawley at tracey.g.dawley@hud.gov or Adrian Blackman at adrian.c.blackman@hud.gov.
    Housing and Urban Development Mortgagee Compliance Management (MCM) Services
    Active
    Housing And Urban Development, Department Of
    The Department of Housing and Urban Development (HUD) is seeking qualified contractors to provide Mortgagee Compliance Management (MCM) services to support its Single Family Real Estate-Owned (REO) property inventory. The contractor will be responsible for pre-conveyance and post-conveyance activities related to the claims, acquisition, and disposition of FHA Single Family insured assets, ensuring properties are conveyed to HUD in acceptable condition and that all compliance requirements are met. This procurement is crucial for the effective management and resale of HUD's REO properties, facilitating interactions with various stakeholders including homebuyers, investors, and local governments. The solicitation is expected to be released on November 22, 2024, with proposals due 30 days thereafter. Interested firms must be registered in the System for Award Management (SAM) and comply with the Total Small Business Set-Aside requirements, with the anticipated contract being a Firm Fixed Price type for a total service life of up to five years. For further inquiries, contact Quotia Pitts at Quotia.C.Pitts@hud.gov or Charles W. Hoyle Jr. at charles.w.hoylejr@hud.gov.
    Digital Collateral (DCOL) eVault
    Active
    Housing And Urban Development, Department Of
    The Department of Housing and Urban Development (HUD) is seeking proposals for a Digital Collateral (DCOL) eVault solution to securely manage electronic notes (eNotes) and related documentation as collateral for mortgage-backed securities. The primary objective is to implement a robust electronic vault integrated with the Mortgage Electronic Registration System (MERS) to facilitate the secure storage and management of eNotes, enabling the securitization of federally insured mortgage loans. This initiative is crucial for enhancing the efficiency and security of mortgage-related processes within the Ginnie Mae Guaranteed Mortgage Backed Securities program. Interested contractors must submit their quotations by December 4, 2024, and direct any inquiries to Cheri Redding at Cheri.L.Redding@hud.gov. The contract is anticipated to be awarded as a firm-fixed-price agreement with a total performance period of five years, including one base year and four optional renewal years.
    MBS Legal Services Acknowledgement Agreement Reviews and Issuer Liquidity Matters
    Active
    Housing And Urban Development, Department Of
    The Department of Housing and Urban Development (HUD) is seeking proposals for legal services related to Mortgage-Backed Securities (MBS) Acknowledgment Agreement Reviews and issuer liquidity matters. The contract will require comprehensive legal guidance on structured finance, tax law, and mortgage securities, with a focus on enhancing liquidity in the secondary mortgage market. This procurement is critical for ensuring compliance and effective service delivery within HUD's MBS program, which plays a vital role in the housing finance system. Proposals are due by 5:00 PM (EST) on November 12, 2024, and interested parties should contact Tarita Leftwich at tarita.l.leftwich@hud.gov or by phone at 202-402-7610 for further information.
    Home Equity Conversion Mortgage (HECM) Accounting Business System
    Active
    Housing And Urban Development, Department Of
    The Department of Housing and Urban Development (HUD) is conducting market research to identify potential contractors for the development and maintenance of a Home Equity Conversion Mortgage (HECM) Accounting Business System. The contractor will be responsible for managing financial transactions related to HECM loans, ensuring compliance with federal regulations, and providing a web-based automated system that interfaces with existing HUD systems. This initiative is crucial for enhancing the efficiency and accountability of HUD's financial responsibilities associated with the HECM program, which assists senior homeowners in leveraging home equity. Interested parties must submit capability statements and questions by November 12, 2024, with a final submission deadline of November 29, 2024. The estimated value of the project ranges from $7 million to $8 million for the base year, with potential extensions for up to four additional years. For further inquiries, contact Dwayne E. Gist at dwayne.e.gist@hud.gov or Timothy Danowski at timothy.a.danowski@hud.gov.
    Home Equity Conversion Mortgage (HECM) insurance program
    Active
    Housing And Urban Development, Department Of
    The Department of Housing and Urban Development (HUD) is seeking contractors to provide business services for the Home Equity Conversion Mortgage (HECM) insurance program through a Sources Sought Notice (SSN). The procurement aims to identify interested parties capable of delivering a comprehensive Software as a Service (SaaS) solution that encompasses loan origination, servicing, and management processes, adhering to government regulations and cybersecurity standards. This initiative is crucial for enhancing housing support services for seniors, allowing them to convert home equity into cash, with a projected contract value between $30 million and $45 million over five years. Interested vendors must submit their capability statements and responses to the provided questionnaire by November 29, 2024, and may direct inquiries to Dwayne E. Gist at dwayne.e.gist@hud.gov or David Kim at david.y.kim@hud.gov.
    Synopsis- Real Estate Database Subscription
    Active
    Housing And Urban Development, Department Of
    The U.S. Department of Housing and Urban Development (HUD) is seeking a contractor to provide a comprehensive real estate database subscription to support its Multi-Family Housing division. This database will facilitate the review of map appraisals, rent comparability studies, and the development of real estate market intelligence, enabling HUD staff to make informed, risk-based decisions regarding mortgage insurance applications and verify rents for Section 8 Project-based contracts. The system is expected to deliver real-time, reliable data on market rents and property attributes across diverse U.S. geographic areas, with at least 25 licensed users having 24/7 access. Interested parties should note that the procurement will follow FAR Subpart 13.5 procedures, with a single award, Firm Fixed Price contract anticipated for a twelve-month base period and four optional twelve-month periods. For further inquiries, potential offerors can contact Jennifer Perez at jennifer.m.perez@hud.gov or Christopher Stuart at christopher.s.stuart@hud.gov, and must ensure registration in the System Award Management (SAM.gov) before submitting quotes.