Department of Housing and Urban Development, Government National Mortgage Association (Ginnie Mae), Contracting Division, Room 6151, 451 Seventh Street, S.W., Washington, DC 20410.

R -- MASTER SUBSERVICER FOR SINGLE FAMILY HOUSING POC Susan M. Taylor, Contracting Officer (202) 708-4531. Ginnie Mae, a wholly-owned Government corporation which provides a secondary market for government insured/guaranteed loans through its Mortgage-Backed Securities programs, is soliciting for multiple contractors to provide the servicing of single family housing portfolios when Ginnie Mae either places a Ginnie Mae issuer in default or transfers its existing defaulted portfolio. Since 1986, Ginnie Mae has defaulted approximately 54 single family issuers and by so doing assumed the issuer responsibility for over $14 billion in mortgage/pools. As a result of sales of servicing rights and principal run off, the Ginnie Mae held portfolio now consists of about $767 million. The role of the master subservicers shall be to perform the complete range of services expected of a company servicing its own portfolio. RFP GNMA-97-F-01 will be issued on or about January 9. Brief written proposals limited to resumes of key personnel and past performance of the firm, and consisting of no more than 30 pages, will be due 30 days after issuance of the solicitation. Those firms which pass this portion of the competition will be invited to present an oral presentation of their technical approach. This solicitation has no restriction as to the size of a firm which may offer. SIC 7389 applies. All interested firms should submit their requests for RFP GNMA-97-F-01 in writing or by facsimile (202) 708-3239. Telephonic requests will not be honored. (0337)

Loren Data Corp. http://www.ld.com (SYN# 0039 19961203\R-0001.SOL)