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MP October 2023

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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 36 October 2023 C O V E R S T O R Y PhoenixTeam, those beliefs were con- firmed. PhoenixTeam has been wildly suc- cessful due to its top talent, deep knowledge of the mortgage industry, and unwavering dedication to our clients. It is this winning combination that will keep PhoenixTeam at the forefront of technology delivery and ensure its continued success." Our Impact A t PhoenixTeam, the company's leadership told MortgagePoint that the word "impact" is not thrown around lightly or loosely. PhoenixTeam earned its reputation as an organization that "walks the talk" because of the continuous impact it strives to deliver for its clients, community, and team members. With its mission to enable homeown- ership through technology, PhoenixTeam initially supported mortgage banks and mortgage technology vendors to provide a better experience for borrowers and homeowners. PhoenixTeam then sought to partner with our country's largest federal housing agencies to help them achieve their respective missions to enable affordable and accessible homeownership for all Americans. While it took several years to accomplish this goal, PhoenixTeam is hon- ored to now support Housing and Urban Development (HUD) Federal Housing Ad- ministration (FHA), United States Depart- ment of Agriculture (USDA) Rural Housing Service (RHS), and Department of Veterans Affairs (VA) Loan Guaranty Service. "Community" is described by the PhoenixTeam leadership as a vital com- ponent to PhoenixTeam's culture, and the company prides itself on support- ing numerous causes near and dear to the hearts of its team members. As an organization that emphasizes inclusion, diversity, equity, and access (I.D.E.A.) in its day-to-day, PhoenixTeam supports, partners, and sponsors causes that in- crease awareness, affordability, and equal opportunity for minority and underpriv- ileged communities, like Hazelden Betty Ford Foundation, the Down Syndrome Association, and the Florida Department of Blind Services. PhoenixTeam embraces its team members' passion for communi- ty support too, marketing and matching funds raised for causes they care about. A New Venture: Blue Phoenix I n mid-2023, PhoenixTeam partnered with Blue Bay Solutions, LLC, to form Blue Phoenix, a mentor-protégé joint venture (MPJV) committed to serving those who serve by delivering technology excellence for federal agencies. Whereas PhoenixTeam's niche is mortgage tech- nology, Blue Phoenix serves all industries within the federal sector. Blue Bay, a U.S. Department of Vet- erans Affairs (VA) Center for Verification and Evaluation (CVE)-certified service-dis- abled veteran-owned small business (SDVOSB), was formed in 2022 by John Trodden who was on a mission to provide a pathway for servicemembers as they re- integrated into civilian life and workforce. "Veterans contribute technical and interpersonal skills, discipline, leadership, "PhoenixTeam has supported USDA RD on multiple key initiatives over the past five years. They provided business advisory support services for GUS 2.0 to launch the new URLA; helped us develop the Business to Government loan and underwriting specifications leveraging MISMO standards; and, most recently, [are] leading the development of the Direct Loan Program loan origination replacement solution." —Dean Daetwyler, Director, System Implementation and Management Division, USDA SFH

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