The Federal Housing Finance Agency (FHFA) intends to award a sole source contract to the Mortgage Bankers Association (MBA), 1717 Rhode Island Avenue, NW, Suite 400, Washington, DC 20036 under the authority of FAR 6.302-1 "Only One Responsible Source and No Other Supplies or Services will Satisfy Agency Requirements". The anticipated period of performance is for a one-year base and four (4) one-year options.
Statement of Work (SOW) - The Contractor shall provide on-site, instructor-led training on all facets of mortgage banking operations and the secondary mortgage market from fundamental concepts to strategic planning. Training shall consist of a series of three one-week classroom programs that sequentially build students' understanding of mortgage lending and mortgage banking operations. An online test shall be administered at the end of Class #1 and Class #2 in order to assess learning. Students successfully completing each of the three classes will receive the Accredited Mortgage Professional (AMP) designation.
General descriptions of the content for each of the three classes follow:
Class #1: Fundamentals of mortgage banking and mortgage lending (with a minor emphasis on consumer compliance topics):
Regulatory compliance
Loan product types
Loan production, administration
Fraud, quality assurance
Secondary marketing, warehouse operations
Real Estate valuation/appraisal process
Commercial RE lending-introduction
Ethics
Class #2: Mortgage banking and secondary markets:
Production management
Derivatives
Pricing
Hedging
Servicing and portfolio valuation
Commercial real estate lending-advanced
Ethics
Class #3: Mortgage banking strategic planning and risk management:
Case studies and computer simulation work emphasizing long-term strategic planning and management of a mortgage banking operation. The simulation shall use a variety of economic conditions and cycles to help students develop an understanding of the relationship between creating sound operating policies and profitability.
General requirements:
The classes shall be turnkey training programs that cover the content described in Class #1, Class #2, and Class #3 above.
Students successfully completing each of the three classes will receive the Accredited Mortgage Professional (AMP) designation
Classes shall be linked and provide progressively more advanced training.
Classes shall be a combination of lecture, case studies, exercises, and other activities geared to adult learners.
Testing:
Provide a comprehensive multiple-choice online test at the conclusion of Class #1 and Class #2 to assess learning.
Provide online test administration, grading and test feedback keyed to course objectives.
Provide statistical reports on test results for each class and for individual students.
Award the Accredited Mortgage Professional designation to students who successfully complete all three classes.
Possess an existing portfolio of advanced classroom and/or online training programs in areas such as commercial and multi-family mortgage lending, servicing, securitization, mortgage banking risk management, and hedging.
Ability to deliver multiple classes (possibly concurrent classes) within tight timeframes.
Ability to provide an onsite, full-time course administrator for the full length of each class to ensure all daily instructional equipment set-up is complete, materials are disseminated to students and overall delivery is efficiently managed.
Instructors shall possess a high level of mortgage industry experience and have demonstrable experience as an effective classroom instructor.
Have on-staff instructional design personnel.
Ability to provide print and/or digital versions of all course materials and deliver them to the classroom.
Provide continuing education credits for each class.
This action will result in a Indefinite Delivery type contract. The applicable NAICS is 611430 - Professional and Management Development Training with a small business size standard of $10.0 Million. There are no-set-asides identified for this procurement.
This notice is neither a request for quotations nor a solicitation of offers. No formal solicitation package is available.
Interested sources may identify their interest and capability to respond to the requirement, and should furnish detailed data concerning their capabilities to provide the services sought including pricing data and technical data sufficient to determine that a comparable source to the Government is available. The Government shall be the sole source of determining an offeror's ability to meet all requirements. The Government will consider all expressions of interest received prior to the close of this synopsis. A determination by the Government not to compete this proposed contract based upon responses to this notice is solely within the discretion of the Government. Information received will be considered solely for determining whether to conduct a competitive procurement.
Only written responses sent via electronic mail will be accepted. The responses shall be received by September 18, 2013 at 10:00 AM, Eastern Time. The Government will not be responsible for any costs in the preparation of responses to this announcement.