Default Strategy

The U.S. Department of Housing and Urban Development (HUD) is seeking information from parties interested in providing Issuer Default Management services. The services include program management, project planning, process documentation, requirements gathering, and more. The goal is to support Ginnie Mae's Issuer Default risk management activities and protect its faith and credit guaranty. Key tasks include developing and maintaining a Project Management Plan, providing Default Playbook Audit Readiness support, and improving Asset Management and Disposition strategies. • The services will be performed at the Contractor's facility, with possible partial performance at Ginnie Mae's physical office location. • The period of performance will be for one 12-month base period and four 12-month option periods. • The contemplated dollar value of the project is $14M. • The Contractor will be required to provide bi-weekly and monthly status reports, as well as various deliverables, including a Project Management Plan, Default Playbook updates, and Asset Management and Disposition recommendations.