New Contract Archives - Phoenix Outcomes

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, Ngineering, 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.

ARLINGTON, VA; March 29, 2023—With the recent U.S. Department of Agriculture (USDA,) Rural Development (RD) SURPASS modernization award, PhoenixTeam continues to deliver value to farmers and rural homeowners by providing increased access to homeownership opportunities through a modernized, cloud-based residential Loan Origination System (LOS) and a Point-of-Sale (POS) System. PhoenixTeam has partnered with Salesforce and ICE Mortgage Technology both of whom provide industry leading cloud products and mortgage lending solutions to help customers navigate ever changing regulations and automate manual workflows to close loans more efficiently with increased quality.

The Single Family Direct Home Loan program provides low and very low-income households the opportunity to own and/or repair modest homes in rural areas that are decent, safe, and sanitary. “We are honored to partner with USDA once again to deliver a solution that will help farmers and rural homeowners. This award validates that Phoenix is meeting its mission to reach every potential homeowner who turns to federal housing agencies for alternatives as they cannot get access to affordable homeownership through traditional means,” said Tanya Brennan, PhoenixTeam CEO and Managing Partner.

PhoenixTeam looks forward to supporting the USDA RD Direct Home Loan program fulfill its mission with modernized technology.