I see the asset management contracts for HUD are up for renewal. Anyone heard if Chronos Solutions is keeping any of the contracts? Specifically curious about 5D.
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I see the asset management contracts for HUD are up for renewal. Anyone heard if Chronos Solutions is keeping any of the contracts? Specifically curious about 5D.
You need to be a member of REO Pro Network to add comments!
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I just heard that many areas are being re-bid, including mine in Texas. Sage currently has the contract.
Region was extended until 5/31/2018. We heard the same from Cityside and then 3 months later they were out and Sage Acquistions took over. But I curious because it says M&M 3.7 was extended but isn't HUD seeking sought for M&M 3.9 now?
The HUD listings in Texas are way down. Only about 216 HUD in all of Texas. Not sure what is going on but i have heard it is likely the contract will be re-bid. Currently with Sage.
The 3.7 Asset Management of HUD-owned homes located in Tennessee, Alabama and Mississippi (6A Region) will be aligned to K.M. Minemier & Associates (KMM) transition beginning June 1, 2017. This is the only info I have on the re-assignments of HUD contracts. You should sign up with Chronos anyway.
Thanks for the info. My office is a HUD listing office with Chronos currently. Just wanting to get a head start if they get replaced in Montana. I was able to get in before another office when Chronos got the contract for 5d because I got info before they did.