Without fanfare, below are the US Court of Federal Claims Court Orders in the Sage Acquisitions Sealed Proceedings in the US Department of Housing and Urban Development‘s (HUD) 3.7 Management and Marketing (M&M) Asset Management (AM) Protests.
This is how a Source, speaking on condition of anonymity, put it,
The SBA ended up reversing their decision about Sage being “other than small.” Sage will now keep the
three contracts that they were slated to lose. I don’t have any more details than that though. Many past HUD listing brokers are pissed off, because Marcia Toms and company wouldn’t consider them as vendors for Sage (and the application door is now firmly closed). She’s also been criticized for having a pretty nasty attitude with the brokers. Apparently PEMCO had some BPO business in the states they won (i.e., they weren’t the HUD AM in any of these states before) and they are now only giving listings to the brokers that were doing their BPOs (or are otherwise connected to PEMCO).
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