Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 26,1999 PSA#2332

U.S. Department Of HUD, Denver ASC, Denver Contracting Branch (8AACO), 633 17th Street, Denver, CO 80202-3607

R -- POST ENDORSEMENT TECHNICAL REVIEWS SOL R-1999-9JH-00110 DUE 051299 POC Willie E. Wilkins (3030 672-5281 X1815 WEB: Click here to download a copy of the RFQ. HUD Contracting, http://www.hud.gov/cst/cstoprty.html. E-MAIL: Click here to contact Willie E. Wilkins (Contract, Willie_E._Wilkins@hud.gov. The contractor shall perform Closing Package, Valuation/Mortgage Credit Tecchnical Reviews on an as needed basis for the Santa Ana HUD Homeownership Center (HOC). The contractor must be a licensed Appraiser in the state where they are physically reviewing the work. The contractor shall perform a detailed post endorsement review of the closing documents/package, appraisals and loan packages of select DE (Direct Endordement) cases, to determin the accuracy and quality of the closing documents, the appraisal and mortgage credit documentation/underwriting. The contractor shall be responsible for making the necessary arrangement for pick-up and delivery of the cases selected for review. The contractor shall evaluate and rate the work performed by the Appraiser and DE Underwriter, by reviewing the case binders submitted to the HOC. The evaluation and rating shall be in accordance with the current U.S. Departmrnt of Housing and Urban development (HUD) Handbooks, Mortgage Letters. Single Family Housing Division Circular letters and other pertinent written policy communications. The review shjall include an evaluation of the architectual and engineering documents and all closing, appraisal and mortgage credit documents. Posted 04/22/99 (W-SN323422). (0112)

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