Horizon Consulting Wins Recompete Bid for Insurance Endorsement Processing
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Contract with the Atlanta Home Ownership Center lasts for 5 years LANSDOWNE, Va., Nov. 12 /PRNewswire-USNewswire/ -- Horizon Consulting announced today that they have been selected to continue to provide Insurance Endorsement Processing Services for the Atlanta Home Ownership Center (HOC). The contract, valued at $10,003,200, runs for the next five years. Horizon has performed Insurance Endorsement Processing Services for the Atlanta HOC for over 10 years and the work will continue to be done in Atlanta, where Horizon already has a presence. "Horizon is honored to be able to continue to work with the Atlanta Home Ownership Center on Insurance Endorsement Processing," says President and CEO, Wanda Alexis Alexander. "To have this contract re-awarded to us is a testament to the dedication and hard work of the team that works on this contract, Horizon's ongoing collaborative efforts with a great HUD team, as well as the expertise that Horizon brings to the table." This contract renewal comes at a time when the Federal Housing Administration (FHA) is under great scrutiny in the press. An audit recently completed by the Department of Housing and Urban Development (HUD) showed that the amount of loans approved by the FHA in fiscal 2008 more than tripled the amount of loans approved in fiscal 2007. Horizon has met this surge in application volume by hiring and training additional staff and continues to process all work within 72 hours. "The challenges facing the FHA and the higher volumes are something that Horizon is paying close attention to," says Glennice James, Senior Project Manager for Horizon's Atlanta Operations and Project Manager on this contract. "We are expertly processing well over 10,000 mortgage insurance applications a month -- that's why we are the experts in high volume workflow management." Overall, Horizon has been working with HUD since 1994, and currently serves the Philadelphia, Denver and Santa Ana HOCs as well as Atlanta. HUD embraces Horizon's high standards of ethics, management and accountability in all their work; which Horizon takes very seriously. Horizon is well-experienced in insurance endorsement processing, and the company's strong corporate culture and experienced underwriters help provide great service for the Atlanta HOC. About Horizon Consulting Horizon Consulting is a minority and women-owned business specializing in high volume work flow management and consulting services to a wide variety of local, state and federal government agencies. Headquartered in Lansdowne, Virginia, Horizon is the leader in project management and processing high volume work efficiently. From needs assessing and project framework design to application processing and quality assurance, Horizon has over 15 years of experience serving government agencies, and has developed a reputation for professionalism, dependability, and excellent customer relations. In 2002, the company was named to the Inc. 500 list of fastest growing privately held companies in the U.S. For more information please call 703-726-6430 or visit www.horizon-inc.com. SOURCE Horizon Consulting Kori Williams, RMR & Associates, Inc., +1-301-230-0045 ext. 180, kwilliams@rmr.com, for Horizon Consulting
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