Challenge:  The prime contractor for Financial Statement Review Services at Ginnie Mae needed assistance with conducting annual issuer reviews to evaluate whether the issuers meet requirements related to financial strength, reporting and insurance coverage. Solution:  SP Group served as the subcontractor to Ginnie Mae’s prime contractor for completing the issuer financial package reviews. Our team consisting of...more

HUD contracted SP Group to conduct a detailed compliance and risk assessment involving review of hundreds of RCSs, to discern whether the comparable market rents as stated in the RCSs were relevant based on applicable factors and whether HUD’s guidance was effective and sufficient....more

“[SP Group] has delivered high quality service and performed according to standards within the statement of work. This includes periodically revising their services for Rent Comparability Studies to ensure agreed upon standards are being met. Noteworthy is the fact that the contractor constantly interface’s with HUD’s Technical Advisors and adheres to their comments. SP Group’s...more

HUD contracted SP Group to build and maintain an integrated system of databases to facilitate its ongoing operational analytics and risk assessment of FHA loan disposition strategies. SP Group developed a broadly-scoped modular database system to serve as a platform for the analysis of FHA’s internal data....more

“The SP Group personnel demonstrated willingness to go above and beyond to arrange a flawless demo by preparing data and customizing additional views to facilitate understanding of this critical functionality to the client.” – Client’s Testimonial Challenge:  PBGC’s Financial Operations Department (FOD) administers and manages financial and accounting programs and prepares financial statements for the Corporation.  FOD...more

“SP Group demonstrated ability to ramp up quickly and provide SMEs with relevant subject matter knowledge and experience to meet our requirements in a timely and effective manner” – Client’s Testimonial Challenge:  FHFA, the regulator for Government Sponsored Enterprises (GSEs), needed assistance in structuring its examination and evaluation of GSEs (Fannie Mae’s and Freddie Mac’s) accounting policies,...more

“Contractor’s [SP Group’s] quality of work exceeds expectations” – Client Testimonial   SP Group was awarded a prime contract to assist HUD’s Office of Multifamily in conducting due diligence and underwriting services for applications submitted under the Rental Assistance Demonstration (RAD) and FHA insurance program. Challenge:  HUD’s Office of Multifamily needed assistance with processing, underwriting, closing...more

“[SPG] did an outstanding job in listening thoughtfully and identifying nuances that [our agency] had not appreciated until [SPG] had documented them on paper in flowchart formats that were both easy-to-understand and easily implemented.” -Client Testimonial Challenge: DoJ’s Community Relations Services (CRS) needed assistance in updating its protocols and practices that guide CRS work strategy and...more

SP Group provides HUD with analytic support services for the American Housing Survey (AHS). To that end we produce reports for HUD that analyze AHS data regarding HUD-assisted renter population and the housing units that they rent. SP Group conducts data analytics by combining data from HUD and the U.S. Census Bureau to characterize the...more

The client engaged SP Group to conduct a data validation review. Loan-level documentation was analyzed for both accuracy and compliance with the loan sale agreements. SP Group’s flexible database tools provided the client with standardized and ad hoc representations of the analysis. The client gained a thorough understanding of the outcomes of the loans in…...more