McDash data provide current and historical loan-level information on mortgages and mortgagors nationwide with extensive coverage across securitized and non-securitized loans, both conforming and non-conforming. Further, FHFA must be able to download data in a user-friendly and timely manner, manipulate the data, and analyze the data at the loan-level. In addition, loan-level information critical to analysis for each mortgage must include, at a minimum, loan-level identifier, property location at zip code level, mortgage type (for example, first or second), loan type (for example, fixed or adjustable), interest rate on the mortgage, interest-only feature, origination date, current and original loan amount, property type (for example, single family, condominium, 2-4 family), loan purpose (for example, purchase, refinance, or cash-out refinance), credit score, occupancy (for example, primary or second property), documentation (for example, full, limited, or no documentation), and delinquency status (for example, current, 30-days, etc). As such, the data allow FHFA economists to analyze mortgage markets nationwide and evaluate the performance of mortgages related to the GSEs holdings and mission. McDash is used to perform such analyses, and an award to any other source would likely result in unacceptable delays in fulfilling the Agency's critical mission. The costs and delays involved in procuring and implementing a new database are unlikely to be recoverable through competition, and will not be in the best interests of the Government should inconsistencies result in analysis of data and reporting of outcomes.
Interested sources capable of providing data that will perform as prescribed above are invited to demonstrate capability by submitting capability statements, pricing, and any other pertinent information that demonstrates capability and/or cost savings to provide the above software to [email protected] no later than 2:30 P.M. EDT, October 16, 2009.