Market Ready Loses HUD Contract Over Misrepresentation

Market Ready Caves In When Questioned About Their True Valuation

The US Department of Housing and Urban Development (HUD) recently released a Presumptive Award to Market Ready Asset Protection LLC (MRAP LLC), under their Management and Marketing (M&M) Field Service Manager (FSM) 3.10 Contract for Region 6A. Region 6A encompassed Tennessee, Alabama, and Mississippi. Several days ago, legitimate small businesses whom had competed against Market Ready filed a Size Protest in accordance with the terms of the Lowest Price Technically Acceptable (LPTA) small business set aside terms and under the Federal Acquisition Regulations (FAR) Chapter 15 provisions. In essence, Market Ready was a wet dream incubated in the back of someone’s seedy mind based upon an impossibly vulgar belief.

That belief was that if you tell a lie long enough people will believe it. This is something which Market Ready and their entire corporate infrastructure bought into. And like all things which revolve around fraud in the Mortgage Field Services Industry, Market Ready appears to be taking a page out of the same playbook which has been defended by Eric Miller, the Executive Director of the National Association of Mortgage Field Services (NAMFS) for years. Miller, whom is paid over $122,240 per year; Miller, whose salary consumes over SEVENTY FIVE PERCENT of all NAMFS Member dues, Miller and John Ward wrote the manual on how to screw Minority Females and Labor.

Yesterday, HUD rescinded their Presumptive Award to Market Ready. Foreclosurepedia requested confirmation of such, from HUD, and we received this statement,

I can confirm that MRAP elected not to reply, and was therefore deemed large.  The Termination of the basic contract was awarded yesterday, and we hope to have a replacement contractor named next week.  The process is pretty straight forward, as we remove MRAP from the evaluation for 6A and go with whoever is the next lowest priced technically acceptable offeror.

Foreclosurepedia also inquired of HUD whether or not an Awardee had ever refused to defend against a Size Protest. HUD had this to say,

No, I don’t believe any of the offerors have ever refused to defend pricing allegations.  Pricing can be a difficult argument to make though.  The courts have issued decisions affirming that an offer need not make a profit, and can even take a loss on a contract, if it’s a conscious decision.  Typically, the courts leave that up to the agency to determine whether or not the pricing exposes the Government to risk associated with non-performance.  How far the agency can go often depends on whether or not price realism was conducted as part of the price analysis.  Otherwise, the agency is limited to unbalanced pricing as part of the fair and reasonable decision.

Look, I have tried long and hard to figure out what is going on here. I have spoken with multiple parties whom are associated with this incestuous mess. It is a story in which a hit has been placed upon the Age of Reason; it is a story wherein everyone implicates everyone else and each state they have the proper documentation in play to sanitize their actions. Honestly, I thought that the book had been closed. I really had thought that everyone had spoken the truth and that the skeletons had finally departed from the closet. The problem is that when you have multiple people at a Regional Order Mill lying about whom they are and what they truly are doing, it becomes an incestuous web of lies which eventually sinks both the innocent and the guilty. And this is something the American Public; this is something that Minority Females and Labor alike, need to truly understand,

In addition to the nearly 200+ pages of technical information and legalese, Market Ready made multiple assertions that they were a true small business and met the valuation demanding that they be under $7.5 Million. They swore, under penalty of perjury, that they met these and other legal criteria. And you know what? They lied. And those whom knew about this and knew they made a run on the Contract violated the Trust of HUD by refusing to ever bring it up. This wasn’t just about keeping up appearances, this was about being a Patriot and a law abiding US Citizen.

Normally, this would be the end of the story. Normally, Market Ready would simply fade into the background and the hundreds of millions of dollars would simply shift over into another pot of fraud cooked up by some squirrel strung out on meth. That is not the case, here. In fact, when Market Ready realized that they had been caught with their pants down around their ankles; when Market Ready realized that they had committed perjury on federal documents, they should have subscribed to Robert Stone’s Rules — Deny, Deny, Deny. Where were those professionals whom knew that this was a lie? Where was all that brilliant brain power which was either sucked dry or lent from A2ZFS? And spare me the, Gee, it was an honest mistake. These are not freshman with clean hands when it comes to rigging the system.

What Market Ready does not want you to know about are their millions of dollars in loans from both Advantage Bank and S&T Bank. With respect to Advantage Bank MRAP LLC took out a loan and then MRAP LLC dba Market Ready took out yet another one a month later. Or how about TCF Equipment Finance? Yes, it gets all murky in those deep, dark places people do not want to talk about at fancy Five Star Reception Parties.

What is not up for debate is the simple and salient fact that there were Manchurian Candidates inserted, at the highest levels, of Market Ready and that strange swirlings of paper began to fly back and forth in order to give appearances of that which did not exist. While that story is for the Memoirs, the reality is that when A2z Field Services began spiraling out of control after the HUD M&M FSM 3.6 Awards, A2ZFS personnel began disappearing like rats jumping from a sinking ship. And raid A2ZFS talent, MRAP LLC did! It looked like a meeting of recovering fraudsters by the time the dust had settled. Now, I am not sure if anyone else is buying into the delusion which MRAP LLC was selling to HUD; however, I am sure that their Counsels have an explanation! More on that in a moment. To say that Market Ready is not a Who’s Who of A2ZFS, is to say that only the Matt Fulton and Jeffrey Wilkins, the Chairman and CEO of Market Ready, respectively, knew what was going on with respect to finances and contract obligations.

Mitch Davidson, a former employee of A2ZFS, former Vice President of Market Ready and currently employed by Purdy Enterprise was probably the biggest fish caught by Wilkins & Company over at Market Ready — Smart move. Paul Moe, former National HUD Operations Manager, became the Chief Operating Officer at Market Ready, and now works at Property Preservation Wizard. Stephanie Craig, a former A2ZFS Vendor Manager is now the Vendor Manager at Market Ready — Smart move. Greg Hauer, the Division Manager – HUD Division at Market Ready, was in charge of the National Pricing and Quality Assurance at A2ZFS. Nicholas Schafer, formerly the Quality Assurance shotcaller at A2ZFS is now a Supervisor at Market Ready. Sara Neal, former A2ZFS National Quality Assurance Specialist went on to do virtually everything Quality Control at Market Ready. Mike Price, former Quality Control at A2ZFS went over to Market Ready in the same position. Jason Bowling, former A2ZFS Quality Control now doing Business Development Management at Market Ready. Trisha Fader, former Quality Assurance at A2ZFS now Vendor Coordinator at Market Ready. Christina Miller, a former A2ZFS Analyst, is now the MArket Ready HUD Division Unit Supervisor. Mike Bowling, former Lead Tracker at A2ZFS now the same at Market Ready. — Anyone seeing a trend?!

With a low probability, high impact event like we just saw wherein Market Ready rolled the dice on committing a crime and never getting caught. Oh, it doesn’t matter how their lawyers might spin it in a court of law, what matters is that they DID NOT! And that is where the story lies as I type this. Market Ready has refused comment, since the beginning of this mess. And while they may believe that Silence is Golden, they are not WordPress and know nothing of the Court of Public Opinion. The Foreclosurepedia Nation and the American Public have a right to know what happened and when it happened. We say to Mr Wilkins, Release The Documents!

We will stay on top of this fast moving story and all of the moving parts associated with Market Ready. If you work for or have worked for Market Ready, please reach out to Foreclosurepedia and tell us about your experience. Always remember that your Donations keep the lights on at Foreclosurepedia. Please remember that your Membership in the International Association of Field Service Technicians (IAFST) gives you a VOICE in the Industry!

Series Navigation<< Market Ready Does Not Challenge Their Size ProtestHUD Pays Over Half A Million Dollars To Keep Innotion Enterprises In Power >>

Search

Contract Opportunities

You must be logged in to post a comment Login