VERDI CONSULTING INC - THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), UNDER THE AUSPICES OF THE FEDERAL HOUSING ADMINISTRATION S (FHA) SINGLE FAMILY LOAN SALE (SFLS) PROGRAM SELLS CERTAIN OF ITS SINGLE FAMILY DEFAULTED PORTFOLIO TO EXPEDITE THE DISPOSITION OF DEFAULTED ASSETS, MAXIMIZE THE RECOVERIES FROM SALES PROCEEDS TO THE FHA INSURANCE FUND, AND ADDRESS THE FHA S PUBLIC POLICY OBJECTIVES OF HOMEOWNERSHIP AND NEIGHBORHOOD STABILIZATION. THIS REQUIREMENT INCLUDES THE TASKS OF ASSEMBLING AND PRESENTING INFORMATION ABOUT THE ASSETS, MARKETING THE OFFERING OF ASSETS IN POOLS TO QUALIFIED INVESTORS, ADVERTISING, ACCEPTING THE BIDS ON SALE DAY AND ASSISTING WITH THE SETTLEMENT WITH THE WINNING PURCHASERS AND TRANSFER OF SERVICING OF THE ASSETS SOLD. IGF::OT::IGF
Key Details
Description
THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), UNDER THE AUSPICES OF THE FEDERAL HOUSING ADMINISTRATION S (FHA) SINGLE FAMILY LOAN SALE (SFLS) PROGRAM SELLS CERTAIN OF ITS SINGLE FAMILY DEFAULTED PORTFOLIO TO EXPEDITE THE DISPOSITION OF DEFAULTED ASSETS, MAXIMIZE THE RECOVERIES FROM SALES PROCEEDS TO THE FHA INSURANCE FUND, AND ADDRESS THE FHA S PUBLIC POLICY OBJECTIVES OF HOMEOWNERSHIP AND NEIGHBORHOOD STABILIZATION. THIS REQUIREMENT INCLUDES THE TASKS OF ASSEMBLING AND PRESENTING INFORMATION ABOUT THE ASSETS, MARKETING THE OFFERING OF ASSETS IN POOLS TO QUALIFIED INVESTORS, ADVERTISING, ACCEPTING THE BIDS ON SALE DAY AND ASSISTING WITH THE SETTLEMENT WITH THE WINNING PURCHASERS AND TRANSFER OF SERVICING OF THE ASSETS SOLD. IGF::OT::IGF
Context & Analysis
Department of Housing and Urban Development obligated $25,576,155.88 to VERDI CONSULTING INC for the department of housing and urban development (hud), under the auspices of the federal housing administration s (fha) single family loan sale (sfls) program sells certain of its single family defaul…. The award is classified under NAICS 541611 and issued as a delivery order contract. Performance is located in VA. This award is one of several similar procurements from Department of Housing and Urban Development under NAICS 541611 — related awards are listed below.
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