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Rhode Island Housing and Mortgage Finance Corporation (RIHousing) dba Mortgage Servicing Solutions (MSS)·Rhode Island

Legal Services - Foreclosure and Eviction

Closes 9/26/2025$500k – $2MRequest for Proposal
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Description

The Rhode Island Housing and Mortgage Finance Corporation (RIHousing) dba Mortgage Servicing Solutions (MSS) is seeking proposals from qualified law firms to provide legal services for foreclosure and eviction matters in the State of Maine. The selected firm will be engaged for a period of three years, with the option to renew. The scope of work includes representation of MSS and the Maine State Housing Authority (MSHA) in foreclosure actions, post-foreclosure sale closings, and eviction matters. The firm will also be required to perform searches, obtain title searches, and provide advice on legislation and regulatory issues. Key aspects of the job include: • Foreclosure representation, including obtaining judgments and attending foreclosure sales • Post-foreclosure sale closings, including drafting and recording closing documents • Eviction representation, including drafting and serving notices to quit and filing complaints • Monitoring and rendering advice on legislation, changes in law, and regulatory issues • Performing searches and obtaining title searches The ideal firm will have experience in mortgage lender representation, foreclosure, and eviction matters, as well as a strong understanding of FHA, Fannie Mae, and Freddie Mac guidelines.

Attached files

Contact

Liliana Alves(Procurement Contact)

[email protected]

(401) 457-1292

Key dates

Opened
9/4/2025
Closes
9/26/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541110
Solicitation №
MSS Legal Services RFP

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate, as the RFP does not provide a specific budget or fee structure. However, based on the scope of work and the fact that the selected firm will be engaged for a period of three years, it is likely that the budget will be substantial. The firm will be required to provide a cost proposal, including an hourly rate structure and a "per-transaction" rate structure, which will be evaluated by MSS. The budget may be influenced by factors such as the firm's experience, the complexity of the cases, and the volume of work. A rough estimate for the budget could be between $500,000 and $2,000,000 per year, depending on the scope and complexity of the work.

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