Data Subscription for SubPrime and Jumbo Loan Data

The purpose of this notice is to publish the intent of a sole source award to Loan Performance (formerly known as Mortgage Information Corporation), Santa Ana, CA. Loan performance is the only known source that can provide sub-prime and jumbo mortgage data to derive modeling efforts and the assessment of risk in both single family and retained portfolio businesses at the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac. The Office of Federal Housing Enterprise Oversight uses this data to effectively evaluate the GSE loan portfolios and to monitor the attributes and performance of jumbo single-family mortgages. The data must provide loan-level data on the attributes and performance of most single-family loans that are too large to be eligible for Enterprise purchase (so-called "jumbo" loans) and that have been securitized. The database must include information about each mortgage at the time of origination (e.g., original balance, loan-to-value (LTV) ratio, borrower credit score, zip code of the property) and at the end of each subsequent month (e.g., payment status, principal balance). The data must support the development of mortgage prepayment, delinquency, and default models. The Loan Performance data is the only known publicly available source on the attributes and performance of jumbo single-family and sub-prime mortgages. It is used throughout the industry and as the basis for modeling. No other known comparable loan-level datasets are available. NO SOLICITATION OR REQUEST FOR PROPOSALS (RFP) IS AVAILABLE. Any other sources capable of providing data that will perform as prescribed above are invited to demonstrate capability by submitting in writing capability statements and other documents that demonstrate capability to provide the above data to [email protected] no later than July 14, 2008, 4:00pm, Eastern daylight savings time. A determination not to compete the requirement based on responses to this notice is solely within the discretion of the Government.