Horizon Consulting Wins Recompete Bid for Insurance Endorsement Processing

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Thu Nov 12, 2009 11:42am EST

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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