Each depositor insured to at least $250,000 per insured bank

Solomon Edwards Group
Margaret Wolford
3 Riverway Office Tower
Suite 850
Houston, TX 77056

Bazilio Cobb Associates, P.C.
Larry Wilson, Principal-in-Charge
1920 N Street NW, Suite 800
Washington, DC 20036 
 

The Financial Advisory Valuation Services contracts have been awarded to the contractors listed below and the scope of work includes the valuation of portfolios of assets for residential, Acquisition and Development Construction (ADC), commercial, and other loan assets of various financial institutions. Additionally, valuation services may also be required to value mortgage servicing rights, where applicable, as well as loan portfolios under management by FDIC.
 

The Receivership Basic Ordering Agreements that have been awarded to the contractors listed below encompasses financial advisory services related to marketing and selling loan assets across five pools: 

Commercial Real Estate
Single Family Residential
Commercial Loans
Consumer Loans
Agricultural Loans

The scope of work of the agreements involves services to advise and assist the FDIC within its Receivership Management Program activities; specifically, financial advisory services related to developing and implementing a strategy and process to consolidate, market, and sell loan assets from failing and failed financial institutions.

The scope of work under the Data Management Services (DMS) contract, which has been awarded to the Contractor listed below, encompasses the capture, storage, retrieval, and archiving of the electronically stored information received by the FDIC from failed financial institutions.
 

Navigant Consulting, Inc.                 

Christopher Sicuranza                                          

1801 K Street, NW, Suite 500

Washington, DC 20006

The scope of work under the Financial Compliance Review Services Receivership Basic Ordering Agreements (RBOA), which have been awarded to the contractors listed below, is to assist the FDIC in performing financial reviews, reconciliations, invoice reviews, and testing of accounting systems.
 

The Due Diligence for Single Family Real Estate Services contracts have been awarded to the contractors listed below. The scope of work under due diligence services includes data capture aggregation and analysis, documentation file review, underwriting review, regulatory compliance review, imaging and indexing. Additional services which may be required include: credit quality stratification, loss mitigation stratification, review sufficiency of collateral valuations, ARM audit & repair, document payment histories, and other services which the contractor has expertise to support the valuation of the loans and other activities related to the scope of work under a specific task order assignment.
 

ASG/Helix
Debra J. Cooney
99 Spring Street, Suite 600
New York, NY 10012

Tel. 718-858-6050
Fax: 718-852-6966
charlesc@rmgglobal.com
 

Tel. 678-579-1003
Fax: 678-558-1142
jeff.s.burnell@rrd.com
 

Bazilio Cobb Associates, P.C.
Albert Lucas, Principal
1920 N Street NW, Suite 800
Washington, DC 20036

Tel. 202-778-3405
alucas@baziliocobb.com

The scope of work under Business Process Operations (BPOs), which have been awarded to the contractors listed below, encompasses the overarching architecture of full service BPOs and information technology infrastructure (core banking application network(s)) capable of providing the functionality to service and manage assets. The solution includes providing/overseeing staff necessary to continue the operation of the failed bank’s computer infrastructure (system(s), applications, and network(s)) and loan servicing of the assets during the marketing period. The primary services will be pre-close, close, and post close support for data mining, reporting services, IT management, and loan servicing, excluding asset management and loss mitigation.
 

The FDIC has developed a securitization program to facilitate the sale of secured real estate loans (residential performing and nonperforming) owned by banks for which the FDIC is appointed as conservator or receiver. The securitizations will be in the form of private or public offerings. The FDIC has selected the following firms to underwrite securities backed by a pool of loans identified by the FDIC, from one or more banks.

The Underwriter will assist the FDIC and/or any of its financial advisors, in connection with the FDIC’s Program, with respect to analyzing the Loans and the results of due diligence obtained on the Loans. The Underwriter may propose alternative structures and disposition strategies, and recommend an optimal securitization structure, assist the FDIC in reviewing and monitoring the preparation of transaction documentation. The Underwriter may also work with the credit rating agencies to potentially obtain credit ratings for the securities, coordinate the marketing and settlement process, and support the securities in the secondary market.
 

The FDIC awarded multiple Receivership Basic Ordering Agreements to acquire services on a task order basis with respect to its resolution and receivership line of business. The scope of work of these agreements involves professional services to advise and assist the FDIC, primarily the Division of Resolutions and Receiverships and the newly formed Office of Complex Financial Institutions, with managing resources, programs, projects, activities, etc. necessary to carry out its resolution and receivership line of business:

Consulting Services
Program and Project Management
Other Financial & Business Services

 

The scope of work under Property Services Contracts, which have been awarded to the contractors listed below, encompasses assistance to the FDIC in performing its mandate to oversee Owned Real Estate (ORE) and real estate secured loans/assets of failed financial institutions. The contractor’s primary duty will be to provide property inspections on a regional basis. These inspections will be broken into two types: (i) Initial Property Inspection, and (ii) Periodic Follow-Up Property Inspections.

Services shall be provided for the following Asset Categories:

Property Inspections:

Asset Categories:

(i) Single Family Residential (“SFR 1 to 4”) - property containing fewer than five individual dwelling units, including, townhome, duplex, triplex, quadplex, cooperative, a single and up to four condo units or mobile home units.

(ii) Land Unimproved – includes all raw land that was being held for future development and farm land.

(iii) Land Improved, Land Improved & Lots – includes all land with single or multiple lots platted with all or part of streets and utilities on the ground, and mobile home park.

(iv) Multifamily (“Multifamily”) - includes all dwelling units with five or more living units.

(v) Commercial (“Commercial”) – includes all Office, Medical/Dental facilities, Restaurant/Lounge, Retail, Industrial, Commercial, Hotel/Motel, Nursing Home, Hospital, Time Share, and Church

The scope of work under Real Estate (Open-Outcry) Auction Services  Contracts, which have been awarded to the contractor listed below, encompasses presentation to a national marketplace, or subset thereof, a portfolio of FDIC owned real estate properties using the real estate open-outcry auction method (Auction), including pre-auction, auction day, and post-auction activities