Request for Proposals – Mortgage and Loan Servicing Assistance

The City of Mobile seeks a qualified firm to provide comprehensive mortgage and loan servicing assistance for its Community Project Fund (CPF) and other grant‑related loan programs (CDBG, HOME, CDBG‑CV, CDBG‑DR). The contractor will manage the revolving loan fund, track disbursements, ensure compliance with federal and state regulations, handle program‑income reconciliation, and generate required reporting for the city’s grant administration. The scope includes: • Administration of a $50 million CPF revolving loan fund and associated grant‑loan portfolios. • Ongoing loan servicing, collections, borrower communications, and compliance monitoring. • Preparation of financial and regulatory reports for city officials and funding agencies. • Coordination with city staff to align loan servicing activities with grant draw‑down deadlines (by Aug 31 2031).