October 2018 (Washington, DC) – Summit Consulting (Summit) is proud to announce that it has won an additional task order for the CDFI Fund Bond Guarantee Program (BGP). With this task order, Summit will continue to support portfolio monitoring and credit risk management efforts. Our team will also continue development of previously delivered analytical tools, which are used by every business unit in the BGP.
This award builds on previous task orders and highlights the portfolio management and credit risk management expertise of Summit’s Mission Oriented Finance team. This award is part of a larger contract that began in 2016 and runs through 2020.
As part of our long-term support of the CDFI Fund BGP, Summit assists in conducting credit risk and portfolio management activities for the $1.5 billion portfolio of loans to CDFIs, who deploy this financing to various community development projects benefiting low-income communities throughout the United States.
“Summit is pleased to continue supporting the CDFI Fund Bond Guarantee Program. Together, we manage credit risk while helping low-income communities grow and thrive,” said Gob Juntima, Summit Partner. “I am proud of Summit’s Mission Oriented Finance team for continually earning the trust of our clients.”
Summit is a specialized analytics advisory firm that guides federal agencies, financial institutions, and litigators as they strive to understand their most complex analytical challenges. Summit’s staff of economists, econometricians, and research scientists use quantitative techniques to assist our clients as they model risk, evaluate program performance, and predict future performance.
At Summit, we solve complex analytical challenges with unparalleled customer service and extensive client collaboration. Our capabilities include program evaluation, applied statistics and economics, mortgage finance, health claims data analytics and training, federal credit modeling and forecasting, and litigation analytics.
Summit’s solutions-focused academic environment is dedicated to staying at—and pushing—the forefront of analytics best practices. To that end, our staff members present research at conferences and partake in intensive in-house technical trainings. Our partners, academics, and research scientists are recognized experts in their respective fields and lead large and small solutions teams. Find out more about Summit by visiting the company’s website: http://www.summitllc.us/.