The U.S. Department of Housing and Urban Development (HUD)/Office of Policy Development and Research is seeking contract services to provide a research study report that provides a comprehensive examination and assessment of Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage (HECM) program history, service offerings and utilization, program participants and characteristics, program performance serving borrowers as well as financial performance, changes and resulting impacts to date with recommendations for program improvement serving borrowers as well as financial performance.