Consulting services provider Guidehouse has been awarded a position on a blanket purchase agreement to provide the Government National Mortgage Association, or Ginnie Mae, with IT software development services to modernize its securitization platform.
Ginnie Mae’s platform modernization involves applying innovative practices — including agile software development, and integrating new technologies, such as robotic process automation — to upgrade Ginnie Mae’s critical business operations. The modernization effort aims to help Ginnie Mae deliver increased transparency, improve service delivery to issuers and investors, and adapt to evolving mortgage industry standards.
“Ginnie Mae’s role in the American housing finance system — to provide stability to investors and other market participants and ultimately affordable home financing to homeowners — is more critical than ever before,” said Sherlonda Goode-Jones, Guidehouse partner.
“We are honored to assist Ginnie Mae in modernizing its securitization platform technology, processes, and related policies to improve service delivery and enhance transparency to its issuers and investors,” said Ellen Zimiles, partner and leader of Guidehouse Financial Services.
Along with teaming partner Accenture Federal Services and subcontractor CLARIFIRE, Guidehouse plans to blend mortgage-backed security experience with expertise in enterprise architecture and large-scale transformations. The aim is to help consolidate Ginnie Mae’s technology investment, enable a holistic enterprise business view and drive the operational effectiveness of securitization operations.