Project Information

Bid Title

Digital Collateral (DCOL) eVault

Issuing Agency

HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF

Location

N/A

Published Date

Nov 7, 2024

Closing Date

Dec 4, 2024

Government Level

Federal

Status

Closed

Ref. #

86615525R00001

Original Source

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Bid Inquiries

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Bid Documents

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Project Description

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Digital Collateral (DCOL) eVault

Active

Contract Opportunity

Notice ID

86615525R00001

Related Notice

Department/Ind. Agency

HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF

Sub-tier

HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF

Office

CPO : GNMA SUPPORT DIVISION

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General Information

• Contract Opportunity Type: Combined Synopsis/Solicitation (Original)
• Original Published Date: Nov 07, 2024 03:08 pm EST
• Original Date Offers Due: Dec 04, 2024 02:00 pm EST
• Inactive Policy: 15 days after date offers due
• Original Inactive Date: Dec 19, 2024
• Initiative:
  • None

Classification

• Original Set Aside:
• Product Service Code: DA10 - IT AND TELECOM - BUSINESS APPLICATION/APPLICATION DEVELOPMENT SOFTWARE AS A SERVICE
• NAICS Code:
  • 518210 - Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
• Place of Performance:
  USA

Description

Ginnie Mae is seeking to obtain a robust electronic vault ("eVault) solution that is fully integrated with the MERS eRegistry to use as secure storage for eNotes and other Trailing eDocs that serve as collateral for Mortgage-Backed Securities (MBS) carrying the Ginnie Mae Guarantee. Ginnie Mae will use the eVault solution as part of its Digital Collateral program to test the processes, policies, and controls necessary to enable Mortgagees participating as Issuers in its MBS Program to securitize federally insured or guaranteed mortgage loans executed on eNotes. For each eNote securitized, Ginnie Mae will use the eVault to update its status as a rights holder in the MERS eRegistry in accordance with various scenarios, including but not limited to, loan payoff, borrower default, or the transfer of mortgage servicing rights, as well as to execute transfers of control and location for eNotes associated with defaulted Issuer portfolios.

Attachments/Links

Contact Information

Contracting Office Address

• 451 7TH STREET, SW
• WASHINGTON , DC 20410
• USA

Primary Point of Contact

• Cheri Redding
• Cheri.L.Redding@hud.gov

Secondary Point of Contact

History

• Nov 07, 2024 03:08 pm ESTCombined Synopsis/Solicitation (Original)

Commodity Codes

• FSC DAutomatic Data Processing and Telecommunication Services

• NAICS 518210Data Processing, Hosting, and Related Services

Related bids

Nov 13, 2024	[Combined Synopsis/Solicitation (Updated)] Digital Collateral (DCOL) eVault
Dec 3, 2024	[Combined Synopsis/Solicitation (Updated)] Digital Collateral (DCOL) eVault
Dec 5, 2024	[Combined Synopsis/Solicitation (Updated)] Digital Collateral (DCOL) eVault

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