Procurement Summary
Country: USA
Summary: Home Equity Conversion Mortgage Hecm Business Service Provider Solution that Fully Supports all Functional Requirements, Processes, Steps, Timelines, and Reports Associated with Fhas Current Hecm Insu...
Deadline: 13 Jun 2026
Posting Date: 14 May 2026
Other Information
Notice Type: Tender
TOT Ref.No.: 141241750
Document Ref. No.: HUDHECM
Competition: ICB
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Home Equity Conversion Mortgage Hecm Business Service Provider Solution that Fully Supports all Functional Requirements, Processes, Steps, Timelines, and Reports Associated with Fhas Current Hecm Insurance Program and Regulatory Changes
The Office of Housing - FHA Commissioner, U.S. Department of Housing and Urban Development (HUD), requires a comprehensive HECM loan servicing and accounting business solution that fully supports all functional requirements, processes, steps, timelines, and reports associated with FHA-s current HECM insurance program and regulatory changes during the period of performance.
The Contractor-s HECM Solution shall provide all HECM portfolio servicing and financial transactions for all active and terminated cases throughout the full lifecycle of a HECM, including associated processing for pre-endorsement and underwriting, endorsement, claims, and assigned notes. The applicable North American Industry Classification System (NAICS) code assigned to this procurement is 541512 Computer Systems Design Services, PSC Code DA10: IT and Telecom - Business Application/Application Development Software as a Service.
Services shall include:
Deliver web-based, end-to-end reverse mortgage loan business and accounting services to manage HUD-s HECM portfolio
Provide and maintain accurate HECM business services for all active and historical loan level records
Provide FHA management with ready access to data for financial, budgetary, and user-generated reporting
Provide business intelligence and management reporting tools
Provide automated reconciliation support of loan balances and posted transactions between its HECM business services and FHA-s business partners (FHA-approved HECM lenders, servicers, and investors; GNMA; etc.); automated or manual HECM records
Provide the ability to quickly adapt to legislative, regulatory, and other administrative changes in the policies and procedures based on industry best pra...
Notice ID: hudhecm
Department/Ind. Agency: housing and urban development, department of
Sub-tier: housing and urban development, department of
Office: cpo : fha housing support division
Product Service Code: da10 - it and telecom - business application/application development software as a service
NAICS Code: 541512 - Computer Systems Design Services
Inactive Dates: jun 28, 2026
Inactive Policy: 15 days after response date
Documents
Tender Notice
Documents.zip