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COMMERCE BUSINESS DAILY ISSUE OF MARCH 14,1995 PSA#1302Resolution Trust Corporation, Office of Contracts, 900 17th Street
N.W., Suite 424, Washington, DC 20006 R -- SERVICER FOR SINGLE FAMILY MORTGAGE LOAN, COLLATERALIZING RTC MBS
(SERIES 1995-2) SOL 700-95-0003 DUE 032895 POC Contact Point, Booker
Weaver, (202)416-4659 The Resolution Trust Corporation is seeking
qualified contractors to provide Servicing for 1-4 Family Mortgage
Loans. A pool of performing 1-4 Family Mortgage Loans (the ''Mortgage
Loans'') from multiple conservatorships and receiverships will be
securitized into residential mortgage through certificates (the
''Certificates'') and lead-managed by an underwriter. The Certificates
will be issued in a series designated as RTC Residential Mortgage
Pass-Through Certificates, Series 1995-2 (''Series 1995-2''). The
Series 1995-2 Certificates will be issued publicly in the U.S. either
through a discrete (non-shelf) registration statement or off of a shelf
registration to be filed with the Securities and Exchange Commission.
The Series 1995-2 transaction is expected to close in June 1995. It is
expected that one or more classes of Series 1995-2 Certificates will
be rated ''AAA'' or its equivalent by one or more of the rating
agencies. Reserve funds will likely support the senior Certificates and
one or more classes of subordinate Certificates. It is expected that
the subordinate classes will be rated at lease ''BBB'' or its
equivalent. Because the Certificates will be rated by one or more
credit rating agencies, the Servicer must be approved by the rating
agencies. The Servicer's duties will include, but not be limited to,
collecting loan payments and related recoveries, initiating foreclosure
actions, remitting proceeds to a trustee, maintaining hazard and flood
insurance, reporting, accounting, record keeping, and maintaining
escrow accounts for taxes and insurance. The Servicer will also be
responsible, either directly or through subcontractors, for managing
and disposing of any REO properties owned by the trust fund. It is the
intent of the RTC to establish a solicitation mailing list after
reviewing and evaluating the preliminary requirements indicated in this
advertisement. Responses to this advertisement shall be in the form of
a corporate resume as outlined below. The RTC will distribute a
Solicitation of Services (SOS) to all firms deemed responsive to this
advertisement, inviting them to submit a proposal for evaluation. RTC
expects all Offerors to utilize Minority-and Women-Owned Businesses
(MWOBs) to the maximum extent possible. Firms qualifying as MWOBs,
Joint Ventures with MWOB participant(s), or subcontracting with MWOB
firm(s) will be given bonus consideration. Qualified Women-owned and
minority firms that would like to become certified for future
Solicitations of Services should contact 1-800-842-2970 extension 7436.
After evaluating proposals it receives in response to this
solicitation, RTC anticipates awarding a contract to the responsible
offeror who meets regulatory qualifications and is financially
responsible, and whose offer conforming to the solicitation will be
most advantageous and offer the best value to the RTC. To be deemed
responsive to this advertisement, your corporate resume must (1) be on
official company letterhead; (2) be no more than one (1) page; (3) be
signed by an officer of the firm; (4) reference the date of this
advertisement and SOS 0700-95-0003; (5) include your firm's tax ID
number; (6) identify whether your firms is a small, minority, or women
owned business; (7) certify that your firm has the capacity and
experience as well as the financial strength, fiscal soundness and
stability to perform the services described above. All responses must
be received no later than 1:00 P.M., Eastern Standard Time on March 28,
1995. Firms not responding by the designated deadline or as directed by
this announcement shall not be included on the solicitation list.
Facsimile responses will not be accepted. RTC IS NOT SUBJECT TO THE
FEDERAL ACQUISITION REGULATIONS (FAR). (0069) Loren Data Corp. http://www.ld.com (SYN# 0058 19950313\R-0005.SOL)
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