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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 7,1995 PSA#1404Resolution Trust Corporation, Office of Contracts, 900 17th Street
N.W., Att: Jennifer Strength, Washington, DC 20006 R -- SPECIAL SERVICER FOR RTC MBS 1995-C2 SOL 700-95-0017 DUE 082295
POC Contact Point, Jennifer Strength, (202)416-4148 SPECIAL SERVICER
FOR RTC MBS 1995-C2. The Resolution Trust Corporation is seeking
qualified contractors to provide Special Servicing for Commercial
Mortgage Loans. A pool of performing commercial and multi-family
mortgage loans (the ''Mortgage Loans'') from multiple conservatorships
and receiverships will be securitized into commercial mortgage
pass2Dthrough certificates (the ''Certificates'') and lead-managed by
an underwriter. The RTC Commercial Mortgage Pass-Through Certificates,
Series 1995-C2 transaction (the ''Series 1995-C2'') will be issued
publicly in the U.S. either through a discrete (non-shelf) registration
statement or off a shelf registration to be filed with the Securities
and Exchange Commission. Series 1995-C2 is expected to close in
November 1995. It is expected that one or more classes of Series
1995-C2 will be rated ''AAA'' or its equivalent by one or more of the
rating agencies. A reserve fund will likely support the senior
Certificates and one or more classes of subordinate Certificates. It is
expected that the subordinate classes will be rated at least ''B'' or
its equivalent and some or all of the subordinate classes may be sold
in a separate offering. Because the Certificates will be rated by one
or more credit rating agencies, the Special Servicer must be approved
by the rating agencies. In order to maximize collections (including
recoveries) on the Mortgage Loans, the RTC has decided to divide the
servicing responsibilities between a Master Servicer and a Special
Servicer. The Master Servicer's duties will include, but not be limited
to, collecting loan payments and related recoveries, remitting proceeds
to a trustee, maintaining hazard and flood insurance, reporting,
accounting, record keeping, and maintaining escrow accounts for taxes
and insurance. The Special Servicer will assume certain servicing and
all asset management responsibilities from the Master Servicer for all
loans more than 60 days delinquent, for certain other defaulted or
imminently defaulting loans, and for certain matured but otherwise
performing balloon loans. The Special Servicer will also be
responsible, either directly or through subcontractors, for managing
and disposing of any REO properties owned by the trust fund. It is the
intent of the RTC to establish a solicitation mailing list after
reviewing and evaluating the preliminary requirements indicated in this
advertisement. Responses to this advertisement shall be in the form of
a corporate resume as outlined below. The RTC will distribute a
Solicitation Of Services (SOS) to all firms deemed responsive to this
advertisement, inviting them to submit a proposal for evaluation. RTC
expects all offerors to utilize Minority and Women Owned Businesses
(MWOBs) to the maximum extent possible. Qualified Women and Minority
firms that would like to become certified for future solicitation of
Services should contact the Certifications Department at
1-800-842-2970, Ext. 7436. After evaluating proposals it receives in
response to this solicitation, RTC anticipates awarding a contract to
the responsible offeror who is regulatorily qualified and financially
responsible, and whose offer conforming to the solicitation will be
most advantageous and offer the best value to the RTC. To be deemed
responsive to this advertisement, your corporate resume must (1) be on
official company letterhead; (2) be no more than one (1) page; (3) be
signed by an officer of the firm; (4) reference the date of this
advertisement and SOS 0700-95-0017; (5) include your firm's tax ID
number; (6) identify whether your firm is a small, minority, or
women-owned business; (7) certify that your firm has the capacity and
experience as well as the financial strength, fiscal soundness and
stability to perform the services described above. All responses must
be received no later than 1:00 P.M., Eastern Time on August 22, 1995.
Firms not responding by the designated deadline or as directed by this
announcement shall not be included on the solicitation list. Facsimile
responses will not be accepted. The RTC is not subject to the Federal
Acquisition Regulations (FAR). (0215) Loren Data Corp. http://www.ld.com (SYN# 0072 19950804\R-0001.SOL)
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