THE OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT (OFHEO) HAS A REQUIREMENT TO PURCHASE LOAN LEVEL INDUSTRY WIDE ORIGINATION AND PERFORMANCE INFORMATION FOR THE SUBPRIME MORTGAGE MARKET WITH A MINIMUM OF A FIVE-YEAR PERSPECTIVE. THE LOAN INFORMATION MUST INCLUDE AT LEAST INFORMATION ON THE GEOGRAPHY OF THE PRODUCT BY METROPOLITAN AREA OR MORE DETAILED GEOGRAPHY, VINTAGE, LOAN TO VALUE RATIO, LOAN SIZE, SOURCE CHANNEL, PAPER GRADE, PRODUCT TYPE, COUPON/MARGIN, CREDIT SCORE, DOCUMENTATION, AND PREPAYMENT PENALTY. PERFORMANCE INFORMATION MUST INCLUDE THE DELINQUENCY STATUS (30, 60, AND 90 DAYS PLUS, FORECLOSURE, AND PREPAYMENT AT LEAST ON A QUARTERLY BASIS. IT IS OFHEO'S INTENT TO NEGOTIATE THIS REQUIREMENT ON A BASIS OF OTHER THAN FULL AND OPEN COMPETITION PURSUANT TO THE AUTHORITY OF 41 U.S.C. 253(C)(1). THE PROPOSED SOURCE IS LOANPERFORMANCE, INC., 55 FRANCISCO, SUITE 310, SAN FRANCISCO, CA 94133. LOANPERFORMANCE IS THE ONLY SOURCE IDENTIFIED ABLE TO PROVIDE A COMPREHENSIVE LOAN ORIGINATION AND LOAN PERFORMANCE OF SUBPRIME LOANS. ORGANIZATIONS THAT DETERMINE THEY MEET THE SPECIFIC REQUIREMENTS MUST FURNISH DETAILED INFORMATION CONCERNING THEIR CAPABILITIES. THIS IS NOT A REQUEST FOR PROPOSAL OR A PROMISE TO CONTRACT. OFHEO WILL NOT PANY ANY COSTS ASSOCIATED WITH THE PREPARATION AND SUBMISSION OF ORGANIZATIONAL DATA. RESPONSES MUST BE SUBMITTED WITHIN 15 DAYS OF PUBLICATIONS OF THIS NOTICE. NO SOLICITATION EXISTS. ALL RESPONSES FROM RESPONSIBLE SOURCES WILL BE FULLY CONSIDERED. INFORMATION RECEIVED AS A RESULT OF THIS NOTICE OF INTENT WILL BE CONSIDERED SOLELY FOR THE PURPOSE OF DETERMINING WHETHER TO CONDUCT A COMPETITIVE REQUIREMENT. NO ADDITIONAL SYSNOPSIS WILL BE PUBLISHED. ANY RFP WILL BE ISSUED TO ALL QUALIFIED FIRMS THAT RESPOND TO THIS SYNOPSIS OF INTENT.

Bid Protests Not Available