The vendor is required to provide that mortgage electronic registration systems for billing rates and hourly costs, list of key personnel and their hourly rates, reimbursable expenses.
-The third-party review organization or audit firm must have demonstrable expertise with performing quality assurance audits of organizations within the mortgage industry
-A selection committee consisting of agency will review all proposals that meet the requirements set forth in the instructions his and select based on the following factors:
•Professional capacity to undertake
•Proposed fee structure
•Ability to perform within time and budget constraints
•Previous work experience and performance with agency and/or similar organizations
•Recommendations by references
•Firm minority status and affirmative action program or activities
•Other pertinent information submitted.
-Agency seeks to engage a firm to perform these services.
-At a minimum, the review should include the following services:
•Review and validate data reconciliation and remediation procedures
•Review and validate required documentation
•Review and validate all housing related procedures
•Create the quality assurance internal audit report
•Execution of the annual report for submission to
•The feedback session with agency
-Contract Period/Term: 1 years