Tag Archive for: Technology Strategy

PhoenixTeam Begins New Partnership with HUD for FHA Catalyst

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ARLINGTON, VA; June 9, 2023—PhoenixTeam was recently awarded a $55 million, 5-year contract with the Department of Housing and Urban Development (HUD) for development, modernization, and enhancement (DME) support services for FHA Catalyst. FHA Catalyst is the Federal Housing Administration’s information technology modernization initiative, connecting systems, people, and data to more effectively support the homeowners, renters, and communities FHA serves.

PhoenixTeam partnered with Salesforce, an industry-leading provider of cloud products and mortgage solutions, Nginering, a small business specializing in IT modernization and digital transformation, and C-HIT, a CMMI Level 5 appraised business transformation solutions provider, who is also the co-prime for this opportunity.

“PhoenixTeam seeks to enable affordable and accessible homeownership for all Americans through customer-centric technology solutions. With this award, PhoenixTeam now has the unique opportunity to serve HUD Federal Housing Administration, the Department of Veterans Affairs Loan Guaranty Service, and the Department of Agriculture Rural Development Service. We help each agency achieve its modernization goals to best help low- and moderate-income and first-time homebuyers, veterans, and borrowers in rural areas. It is an honor to serve those who serve.” said Tanya Brennan, PhoenixTeam CEO and Managing Partner.

PhoenixTeam looks forward to supporting HUD and FHA to fulfill its mission with modernized technology.

About PhoenixTeam
PhoenixTeam is a technology company that specializes exclusively in the design, delivery, and care of mortgage technology solutions in the federal and commercial spaces. Our dream is to enable affordable and accessible homeownership for all Americans through customer-centric technology solutions. We believe that by bringing joy and purpose back to software development, while bridging the gap between technology and business teams, we can really make a difference in the lives of clients and homeowners everywhere. PhoenixTeam is a woman and minority-owned small business headquartered in Arlington, Virginia.

PhoenixTeam Expands Relationship with the U.S. Department of Veterans Affairs

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ARLINGTON, Va., Sept. 9, 2020 – PhoenixTeam, a leading mortgage technology strategy and services provider, has expanded its long standing partnership with the U.S. Department of Veterans Affairs (VA) Loan Guaranty (LGY) Service.

As part of a new contract award to transform how LGY serves Veterans, lenders, appraisers, servicers and other industry stakeholders, PhoenixTeam will modernize LGY technology products to maximize opportunities for Veterans to obtain homeownership, retain their homes during times of financial difficulty and adapt their homes to better accommodate service-related disabilities.

PhoenixTeam is committed to delivering innovative solutions that significantly improve the home loan experience for Veterans. The company and their partners will design, deliver, maintain, and operate all VA technology supporting the LGY program. With vast mortgage industry, technology product management, software engineering and analytics expertise, PhoenixTeam is uniquely positioned to deliver on the promise of this new contract.

“Loan Guaranty has put forth an ambitious plan to modernize its home loan guaranty program with the goal of creating a frictionless home loan experience and making VA loans the top choice in the industry for veterans, lenders and servicers,” said Tom Westerlind, managing partner and CFO of PhoenixTeam. “Our working relationship with Loan Guaranty goes back to 2001. We’re committed to their mission and grateful for the continued opportunity to enrich the lives of those who served in the military.”

About PhoenixTeam

PhoenixTeam is a women-owned small business that provides mortgage technology solutions to improve the home loan experience for borrowers and help financial institutions, technology providers, and government agencies achieve their desired outcomes. With a focus exclusively on the mortgage industry, we delight clients and deliver better business solutions through technology implementation excellence. For more information, please visit www.phoenixoutcomes.com

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