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COMMERCE BUSINESS DAILY ISSUE OF JANUARY 30,1997 PSA#1772

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

R -- GINNIE MAE ISSUER COMPLIANCE REVIEWS POC Susan M. Taylor, Contracting Officer, (202) 708-4531. The Government National Mortgage Association, Ginnie Mae, a wholly-owned Government corporation, provides a secondary market for government insured/guaranteed loans through its Mortgage-Backed Securities programs. Ginnie Mae is soliciting for contract services to conduct on-site performance reviews of issuers and servicers of Ginnie Mae securities. The purpose of the on-site reviews is to determine the compliance of securities issuers and servicers with Ginnie Mae's program guidelines. Offerors must demonstrate an understanding of the Ginnie Mae Mortgage-Backed Securities Programs, the Federal Housing Administration's Title I and Title II mortgage insurance programs, and the Department of Veterans Affair's mortgage guaranty program. Additionally, offerors must demonstrate an ability to conduct simultaneous reviews throughout the nation, efficiently report the results of their findings, and provide on-going follow up to the reviews. RFP GNMA-97-C-02 will be issued on or about February 17. 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 potion of the competition will be invited to present an oral presentation of their technical approach. This solicitation has no restrictions to the size of a firm which may offer. SIC 8721 applies. All interested firms should submit their requests for RFP GNMA-97-C-02 in writing or by facsimile, (202) 708-3239. Telephonic requests will not be honored. (0028)

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