RFP 21-11: Commercial Mortgage Servicing and Accounting Solution
NYSTRS is seeking proposals for a fully developed and established software application and reporting solution for the management and loan servicing of mortgage loans (the "Solution"). Currently, NYSTRS uses SSGX PAM for Mortgages to service and account for its direct mortgage portfolio. NYSTRS has approximately 30 commercial mortgages with an aggregate principle value of $4 billion USD.
The awarded bidder shall provide loan servicing software, technical training, staff training, system specifications, installation and configuration, and ongoing support and maintenance. NYSTRS intends to evaluate all potential solutions: on-premise or hosted; outsourcing or maintaining in-house mortgage servicing functions; or a combination thereof.
Interested parties should download the RFP for more information.
For convenience, the following exhibits are provided in Microsoft Word:
Exhibit 1: Response Template
Exhibit 2: Vendor Responsibility Questionnaire
Exhibit 3: Technology Questionnaire
Exhibit 5: Cost Proposal