Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF OCTOBER 31,1995 PSA#1463

HUD, New York ASC, New York Operations Branch, 26 Federal Plaza, Room 35-120, NY NY 10278-0068

R -- R--DIRECT ENDORSEMENT TECHNICAL REVIEW (MORTGAGE CREDIT) SOL IFB H02-B-96-0-733 DUE 121895 POC Sally Portella Rosen, Contract Specialist, 212-264-8000 x3317. This procurement is to acquire services pertaining to the direct endorsement technical review of mortgage applications for single-family properties. A detailed review will be required along with the verification of the maximum mortgage amount. This includes analyzing and reviewing credit histories, sales contracts and all HUD forms necessary; determining minimum cash investment requirements; and verifying that all mortgage credit conditions have been met. The contractor shall perform reviews for reverse mortgage loans, 203 (b) loans, and for 203 (k) mortgage loans. All reviews are to be completed and returned to the New York field office within three working days of receipt. HUD is contracting for reviews of up to six (6) thousand cases for the State of New York. Reviews will cover properties in the five boros of New York City and the counties of Nassau, Suffolk, Westchester, Orange, Rockland and Putnam. Contract is for one year with options to renew for two additional one year terms. Bid packages shall be available after November 9, 1995 at HUD's New York Office. There will be a Pre-Bid Conference at 10 a.m. November 29, 1995, 35th Floor in Room 35-41, 26 Federal Plaza, NY NY. Bids are due by 3 p.m. December 18, 1995 in Room 35-120, 26 Federal Plaza, NY NY. This is a TOTAL SMALL BUSINESS SET-ASIDE. The Standard Industrial Code size standard for this solicitation is $1.5. All responsible small business sources may submit a bid which shall be considered by the agency. Requests for a copy of the IFB must be submitted in writing by mail or fax at 212-264-8521 Att: Sally Rosen. All requests must reflect IFB H02-B-96-0-733 . Telephone requests will not be accepted. (0300)

Loren Data Corp. http://www.ld.com (SYN# 0054 19951030\R-0002.SOL)


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