Scottish Mortgage Investment Trust is up 34% this year. Is it too late to buy now?

first_imgAlibaba5.60% US tech stocks are driving the SMT share price higherAs you can see, Scottish Mortgage has a strong focus on disruptive tech companies, many of which are listed in the US.It’s this technology focus that explains why the trust’s share price has soared recently. This year, the US technology sector has been on fire. Tesla, for example, is up around 130%. Amazon is up about 40%. Meanwhile, Zoom Video Communications is up a huge 240%.It doesn’t surprise me that technology stocks are outperforming this year. The world has been experiencing a digital revolution for years now, and Covid-19 has turbocharged this revolution. All of a sudden, we’re working from home more, shopping from home more, and enjoying more digital entertainment at home. Tech companies are benefiting.Can tech stocks keep charging higher in the short term? I’m not so sure. Right now, the valuations on a lot of tech stocks do look a little stretched. Yet, long term, I do think the prospects for the tech sector remain attractive. In 20 years’ time, I expect companies such as Amazon and Alphabet (Google) to be much bigger than they are today.Scottish Mortgage: risks to be aware ofUltimately, there’s the risk of a pullback here in the short term. Tech stocks have enjoyed a fantastic run this year and I wouldn’t be surprised to see a near-term correction. This could hit Scottish Mortgage Investment Trust’s share price.However, from a long-term point of view, Scottish Mortgage continues to have plenty of potential, to my mind. I think the current tech revolution could last for years, if not decades. As technology continues to have a major impact on the world in the years ahead, Scottish Mortgage Investment Trust should benefit. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Inditex1.40% Company Weighting (%) Atlas Copco1.00% Illumina6.60% Tempus Labs Inc1.20% Netflix2.80% Scottish Mortgage Investment Trust is up 34% this year. Is it too late to buy now? You & Mr Jones1.10% I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Ferrari2.40% Shopify1.40% See all posts by Edward Sheldon, CFA Simply click below to discover how you can take advantage of this. ASML3.70% Ginkgo BioWorks1.40% “This Stock Could Be Like Buying Amazon in 1997” Intuitive Surgical1.00% Zalando1.40%center_img Tencent5.70% Wayfair1.30% Vir Biotechnology0.80% Alphabet1.50% Amazon.com9.30% Edward Sheldon owns shares in Scottish Mortgage Investment Trust, and Alphabet. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Alphabet (C shares), Amazon, and Tesla and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Meituan Dianping3.10% Zoom Video Communications0.90% Delivery Hero3.10% NVIDIA2.20% MercadoLibre0.90% Our 6 ‘Best Buys Now’ Shares Kering2.50% Ant International1.80% Tesla Inc11.10% Workday1.10% Pinduoduo1.00% Enter Your Email Address Edward Sheldon, CFA | Saturday, 20th June, 2020 | More on: SMT When I covered Scottish Mortgage Investment Trust (LSE: SMT) in mid-September last year, I said it had considerable investment appeal as part of a diversified portfolio. “I’m backing it to continue outperforming in the years ahead,” I wrote at the time.Since then, the investment trust has certainly outperformed. This year, Scottish Mortgage Investment Trust’s share price is up about 34%. By contrast, the FTSE 100 index (which it’s actually a member of) is down roughly 17%. Is it too late to buy SMT now?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…I don’t think so. However, there are some risks you should be aware of.Scottish Mortgage Investment Trust reviewBefore I look at the investment case for SMT, it’s worth recapping what this trust actually does, because its name is a little confusing.Scottish Mortgage is an actively-managed, low-cost investment trust that invests in growth companies listed around the world. The flagship investment trust of investment manager Baillie Gifford, it has absolutely nothing to do with Scottish mortgages. Instead, it predominantly invests in high-growth, disruptive technology companies with the aim of maximising total returns over the long term.Here’s a look at the top 30 holdings as of 31 May. HelloFresh1.30% Spotify2.10%last_img read more

Ireland v Argentina: The Preview

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS LA PLATA, ARGENTINA – SEPTEMBER 29: Juan Martin Fernandez Lobbe, the Argentina captain looks on during the Rugby Championship match between Argentina and the New Zealand All Blacks at Estadio Ciudad de La Plata on September 29, 2012 in La Plata, Argentina. (Photo by David Rogers/Getty Images) All to play for: Back in 2010, Ireland faced Argentina beating them 29-9, but they’re a tougher proposition these daysBy Owain Jones, Rugby World EditorA MUCH improved Argentina went to Cardiff a fortnight ago and deservedly beat a faltering Wales 26-12 so Ireland have no excuses for getting caught cold. They know they need to step-up against a fired up Pumas looking to cement their place in the Top 8 of the IRB rankings, which is so vital to the World Cup draw. On the upside for Ireland is the fact they coasted to a leisurely 53-0 win over an underpowered Fiji side in Limerick. It was their first win in five games. Declan Kidney is a man under some pressure.Strike runner: Tommy Bowe is vitalHe who dares, winsUnder Declan Kidney, Ireland are renowned for playing conservative, pragmatic rugby but with the very real threat of dropping down to the third tier of the IRB rankings, you’d expect Kidney to be prepared to unleash a match-winner. With that in mind, it will be interesting to see Ulster’s young wing Craig Gilroy has been picked on the left-wing after scoring an impressive hat-trick against Fiji last weekend. Gilroy has quick-fire pace and the confidence to back himself. On the other flank, poacher-in-chief Tommy Bowe will be looking to sniff out opportunities against the impressive Juan Imhoff who finished his try so clinically against Wales. Santiago Phelan, the 38-year old Puma coach deserves much credit for opening up the Argentinians play so they don’t have to rely on numbers one to 10. Which coach will roll the dice first?Battle up frontAs any coach will tell you, it’s up front you win games. Ireland have missed some of their key players in the pack this Autumn. Rory Best, Paul O’Connell, Stephen Ferris and Sean O’Brien are all missing, so they will need new heroes to put their bodies on the line tomorrow. Two players who have shown up well to date are Peter O’Mahony, the young Munster lock cum blindside and Connacht’s Mike McCarthy. The latter especially has shown real dynamism and aggression in the tackle and he’ll need it. Argentina boast, arguably, the finest forward on the planet at the moment in Juan Martin Fernandez Lobbe, who alongside Juan Manuel Leguizamon provides both experience and ballast to the Puma backrow. However, if the underrated Chris Henry can gain the upper hand at the breakdown, Ireland can make it count.World-class talent: Fernandez LobbeMidfield battle In the backs, if the Ireland pack can provide Jonny Sexton with a decent platform, he can start doing what he does best, pinning the opposition back into the corners. In midfield, Ireland will expect Gordon D’Arcy to calm nerves and without his long-time strike partner, Brian O’Driscoll, D’Arcy’s experience will be vital. He will look to release the rapid Keith Earls at any opportunity, as they go into battle with the powerful midfield combination of Marcelo Bosch and Santiago Fernandez. Argentina boast some genuine quality in the back three that can hurt Ireland. Juan Martin Hernandez is a class act at full-back, while pint-size Exeter wing Gonzalo Camacho proved what a fine finisher he was against Wales. All over the pitch, it looks like a very evenly matched game.Prediction: This will be very close indeed. I’m going for a home win by four points. I expect Jonny Sexton’s boot to close out the game for the Irish late on. Ireland fans, don’t expect a relaxing evening.Ireland v Argentina: Saturday November 24, 2pm, Aviva Stadium, Live on BBC TwoIreland: Simon Zebo, Tommy Bowe, Keith Earls, Gordon D’Arcy, Craig Gilroy, Jonathan Sexton, Conor Murray, Jamie Heaslip (c), Chris Henry, Peter O’Mahony, Mike McCarthy, Donnacha Ryan, Mike Ross, Richardt Strauss, Cian Healy.Replacements: Sean Cronin, David Kilcoyne, Michael Bent, Donncha O’Callaghan, Iain Henderson, Eoin Reddan, Ronan O’Gara, Fergus McFadden. Argentina : Juan Martin Hernandez, Gonzalo Camacho, Marcelo Bosch, Santiago Fernandez, Juan Imhoff, Nicolas Sanchez, Martin Landajo; Leonardo Senatore, Juan Manuel Leguizamon, Juan Martin Fernandez Lobbe, Julio Farias Cabello, Manuel Carizza, Maximiliano Bustos, Eusebio Guinazu, Marcos Ayerzalast_img read more

Big Society Capital invests further £2.5m in Charity Bank shares

first_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 Big Society Capital has invested £2.5 million in the share capital of Charity Bank with a commitment in principle to invest a further £2.5 million on or before 1st December this year.This investment will complete Big Society Capital’s pledge made in March 2014 to invest up to £14.5 million in ordinary shares of Charity Bank.Charity Bank has lent over £180 million to charities and social enterprises since 2002 and is seeing continued growth. It made £28 million of new loan approvals in the first five months of 2017, with the loan book growing by more than 25% per year in the two years to 31st December 2016.Other investors include The Mercers Charitable Foundation, which invested an initial £200,000, followed by a further £1 million in 2015, and the Barrow Cadbury Trust, which invested £250,000 in 2016. Charity Bank is inviting other charitable trusts, foundations and social purpose organisations to join them by investing in its share capital.George Blunden, chairman of Charity Bank, said:“These further injections of capital from Big Society Capital will enable us to meet the growing demand for loans from charities and social enterprises.“Share capital is vital to our mission. It underpins the bank and enables us to leverage our savers’ money. An investment in Charity Bank creates a multiple effect – for every £1 of share capital invested we can lend £8 to help create lasting social change in our communities.”Anna Shiel, head of origination of Big Society Capital added: Advertisement  198 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 “Over 850 loans have now been made to organisations totalling more than £180m. These loans have helped support people all around the UK, with 97% of organisations saying it has contributed to achieving their mission and 68% saying the loan helped them to expand their services. Upon the completion of our investment, we look forward to seeing more people and communities supported by their work.”  197 total views,  1 views todaycenter_img Big Society Capital invests further £2.5m in Charity Bank shares Melanie May | 8 June 2017 | News Tagged with: Charity Bank Financelast_img read more

Rev. Pinkney in danger – faces prison harassment, cut off from telephone

first_imgLansing, Mich. — Michigan political prisoner, the Rev. Edward Pinkney, was transferred on Oct. 6 from a prison close to his wife and attorney to Marquette Branch Prison, 483 miles north. Pinkney, a victim of a frame-up trial and conviction by an all-white jury in Berrien County in western Michigan, was also deprived on Oct. 22 of access to making telephone calls.On Nov. 2, supporters from around Michigan rallied at the doors to the Michigan Department of Corrections in Lansing, the state capital, to demand an end to the harassment of Rev. Pinkney. They ask supporters to send letters and call prison officials.Dr. James Anderson, Second from left, speaking outside the Michigan Department of Corrections in Lansing, Nov. 2.Photo: Lou NovakAt the rally, Workers World talked to Dr. James Anderson, who made the long trip upstate to visit Rev. Pinkney on Oct. 30 and 31 at Marquette Branch Prison. According to Dr. Anderson, “Rev. Pinkney doesn’t know why he was rushed to Marquette Prison. He noticed the transfer document carried in the MDOC van said ‘Expedite’ in large bold letters.“He feels extremely unsafe. Prison officials tolerate, if not encourage, fights among prisoners. He felt much safer in Lakeland [downstate prison].“His phone service was cut off without a hearing. He has received four ‘tickets’ but flatly denies the charges, saying they are trumped up. He can lose his phone privileges for up to 6 months!“Rev. Pinkney reported prison misconduct and harassment against him. Mail from his lawyer has been opened before it reaches him. A fellow prisoner recommended that he conduct church services, but the assignment was suddenly withdrawn without explanation.“He reports that he is being subjected to name calling by prison staff, with guards telling other prisoners that he is a ‘scammer’ and cannot be trusted. Clothes sent to the prison laundry for washing were never returned to him. He has only one set of clothes to wear.“The first location in the prison where he was housed had extensive black mold which made him ill. One guard, noting his weakness early in the week, told him ‘Well, you won’t be around here very long.’ Over and over again, sometimes 20 times a day, he is summoned over the public address system. When he reports as ordered, they tell him simply to return to his cell.“Rev. Pinkney said that at Lakeland [a higher security facility] there were five prisoner headcounts per day. Marquette prison is doing 18 counts per day, including hourly counts through most of the night. [The guards] shine flashlights on the inmates trying to sleep. Rev. Pinkney says he is often awakened by the flashlights and is getting little sleep. This process is known to be destructive to one’s health.“Rev. Pinkney expressed how grateful he was for the large number of birthday cards sent to him. [His 67th birthday was on Oct. 27.] He urges people to keep sending him cards and letters.”Readers can write to Rev. Edward Pinkney, NE-93 #294671, Marquette Branch Prison, 1960 U.S. Hwy. 41 South, Marquette, MI 49855. They can call Michigan Department of Corrections Director Heidi Washington at 517-241-7238 to urge that phone privileges be restored to Rev. Pinkney and that he be transferred downstate to Lakeland Prison. Readers can also call Marquette Branch Prison to urge that Rev. Edward Pinkney’s phone privileges be restored and that harassment of this political prisoner stop. Ask for the Deputy Warden’s office 906-226-6531.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Philadelphia street meeting promotes May Day 2017

first_imgTwo weeks before May Day, May 1, a couple dozen Workers World activists and friends held a roving street meeting in Philadelphia to promote the Philadelphia People’s Defense Network and the call for a feeder march to join the “Day without Immigrant, Black and Brown Workers” rally at City Hall on May Day. The march stopped at two Immigration and Customs Enforcement offices, Wells Fargo and Santander banks, and ended at City Hall. Speakers warned businesses not to punish any workers who strike on May 1, or immigrant supporters will stage phone call campaigns, sit-ins, pickets or other actions to protect their fellow workers.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img

Japan’s Action Ends Era of BSE Reaction

first_imgUSDA economist Shayle Shagam said rebuilding the billion dollar US beef market in Japan has been a long slow process, “In 2003, US beef sales to Japan was about a $1.4 billion market.” He added that, over the past 10 years, the US has slowly regained some market share and that, near the end of 2012, US beef exports to Japan totaled $970 million.  US Meat Export Federation economist Erin Borrer says, with the lifting of the last restriction, US beef exports to Japan will finally reclaim its billion dollar value, “We are looking at a 45% increase in volume to 225,000 metric tons and value to $1.5 billion.” By Gary Truitt – Jan 29, 2013 Facebook Twitter The restriction will be lifted as of Feb 1 at a time when US cattle numbers are at record low levels. Currently US beef has about a 25% share of Japan’s beef market with Australia accounting for 60%.  MEF officials says US beef is preferred in Japan because of its corn fed quality.  The age restrictions prevented the US from providing larger quantities of beef to Japan but, with the age limit lifted, US  cattlemen hope to move the US market share to 50% and eventually overtake Australian grass fed beef. Facebook Twitter SHARE It was Christmas Eve of 2003 that the first case of BSE was discovered in the US.  This single cow in Washington State caused Japan to slam the door on US beef imports.  For the past 10 years, the US has been working to pry that market back open again. This week, Secretary of Agriculture Tom Vilsack announced that Japan had lifted its last restriction to US beef, now accepting beef from cattle up to 30 months of age, “We expect this deal of generate an additional half billion dollars for the US economy.” Vilsack who, like the two  Ag Secretaries before him, found it very difficult to convince Japan that BSE was not a threat in the US. National Cattleman’s Beef Association  President J. D. Alexander says the cattle industry is thrilled to have the last remnant of the BSE scare put to rest, “It is a great opportunity for us to supply a product that is in great demand in Japan.” He added, with the drought and poor profit margins, this is about the only good news the cattle industry has had lately.center_img Home Indiana Agriculture News Japan’s Action Ends Era of BSE Reaction [audio:|titles=Japan’s Action Ends Era of BSE Reaction] SHARE Japan’s Action Ends Era of BSE Reaction Previous articleIndiana NRCS Announces Special Farm Bill InitiativesNext articleCRC Releases More Misinformation on E-15 Gary Truittlast_img read more

Key Farm Groups Like Co-op Tax Fix

first_imgHome Indiana Agriculture News Key Farm Groups Like Co-op Tax Fix Key Farm Groups Like Co-op Tax Fix The National Council of Farmer Cooperatives and the National Grain and Feed Association are both in favor of a legislative proposal that would fix an unintended consequence of the Republican tax overhaul. The changes to tax law give huge tax breaks to farmers who sell their goods to cooperatives over other types of businesses. Politico says congressional leaders want the fix to be included in the fiscal 2018 spending package, which has to pass by March 23. However, it’s not clear if Democrats are willing to allow any tax provisions to be included in the bill. Over 100 contentious riders to the bill are said to be in play as Democrats push for a clean spending package. The co-op fix would repeal the tax law change that gave farmers a 20 percent deduction from their gross sales by selling to co-ops. And, it would restore the tax benefits that co-ops and their farmers enjoyed under the old tax code, known as the Section 199 deduction for manufacturers, which Republicans repealed in the new tax law.The proposed fix would be retroactive to January first in order to negate any perceived gains as a result of what Republican lawmakers admitted is an error. It would allow farmers selling to co-ops to claim a 20 percent deduction on net business income.Source: NAFB News Service Facebook Twitter SHARE Facebook Twitter Previous articleClosing CommentsNext articleTrump Wants China to Cut Trade Deficit by $100 Billion NAFB News Service By NAFB News Service – Mar 14, 2018 SHARElast_img read more

Senator Portantino Praises New Governor’s First Budget

first_img Name (required)  Mail (required) (not be published)  Website  ShareShareTweetSharePin it California Gov. Gavin Newsom (D) submitted his first budget to the state legislature Jan. 10 and Sen. Anthony Portantino (D) liked what he saw.“Today’s budget shows that our state is in a positive position for the long-term while investing an additional $4.8 billion in our Rainy-Day Fund — bringing its total to $15 billion,” said the senator.He highlighted the $1.4 billion marked for higher education and $40 million for a second free year of community college tuition contained in the package. Noting that his 25th Senate district is home to public schools, community colleges, and four-year universities, Portantino remarked that, “California is ensuring a long term investment in higher education for all students at any level.”In releasing the spending blueprint, Newsome said “this budget lays a strong financial foundation for our state by eliminating debts, expanding the rainy-day fund and paying down our unfunded liabilities.” Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Government Senator Portantino Praises New Governor’s First Budget From STAFF REPORTS Published on Thursday, January 10, 2019 | 2:05 pm HerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyJennifer Lopez And Alex Rodriguez’s Wedding DelayedHerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyYou’ll Want To Get Married Twice Or Even More Just To Put Them OnHerbeautyHerbeautyHerbeautyWho Was The Hollywood ‘It Girl’ The Year You Were Born?HerbeautyHerbeauty Top of the News center_img First Heatwave Expected Next Week Subscribe EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Your email address will not be published. Required fields are marked * Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a commentlast_img read more

Quick eats – two to try

first_imgWhatsApp Facebook Print Linkedin NewsQuick eats – two to tryBy admin – March 15, 2012 561 I HAVE two quick eats dishes that will give you a helping hand to teatime treats. The cod dish requires just a little preparation and will deliver lots of flavour for very little return.Cod loin topped with pine nut and breadcrumb crust with Parma ham Sign up for the weekly Limerick Post newsletter Sign Up WHAT YOU NEED150g breadcrumbs2 chopped tomatoes1 clove of garlic thinly sliced50g pine nuts25g butter1 slice of Parma ham1 cod fillet per portionWHAT TO DOSimply mix the breadcrumbs, pine nuts, tomatoes, garlic and melted butter in a bowl and form a thick stuffing. Place this on top of the cod and top with a slice of Parma ham. Roast in a pre heated oven at 180degC for 15 minutes or until done. The stuffing will be crispy on top and soft underneath the crust and the ham will take on a crispy feel too. Serve this with some seasoned greens, crushed new potatoes, a carrot and potato rosti or a bean salad.Gnocchi with lamb raguI know this is called quick eats and giving a dish that requires over two and half hours cooking kind of defeats the purpose but take it as a weekend quick eat. WHAT YOU NEED2 chopped shallots2 cloves of chopped garlic1/4 head of fennel finely diced454g diced lamb1 litre of good chicken stock150g gnocchi per portionA chunk of parmesan cheeseFinely sliced spring onions to serveWHAT TO DOIn a little oil and butter gently sweat the fennel, shallots and garlic in a heavy based pot.To this, add the lamb and allow it to take on colour. Then add the stock and the cheese piece and reduce the heat and allow the stew to cook for two hours. Keep a check on the level of the liquid during the cooking but if you have the oven hob on medium you should be OK. Once the lamb has cooked, remove the meat from the stew and shred it. Cook the gnocchi in boiling salted water. Bring the cooking liquid to the boil and serve the gnocchi in a bowl with the shredded lamb on top and add a ladleful of the stewing liquor. Top with some finely sliced spring onions.center_img Previous articleGoing Indigo for Paddy’sNext articleKidney plays it safe, again admin Twitter Advertisement Emaillast_img read more

Connecting Homebuyers to REO Properties

first_img Share Save Connecting Homebuyers to REO Properties Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, News, Technology Home / Daily Dose / Connecting Homebuyers to REO Properties Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Automation blockchain Borrowers default Default Homes Equator Homebuyers Lenders mortgage Servicers Technology 2018-04-17 David Wharton  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: David Wharton The Best Markets For Residential Property Investors 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago April 17, 2018 3,681 Views Tagged with: Automation blockchain Borrowers default Default Homes Equator Homebuyers Lenders mortgage Servicers Technology James Vinci, VP, and CTO, EquatorJames Vinci joined Equator in 2010 and is the VP and Chief Technology Officer of the Equator business unit for Altisource. Vinci is also responsible for ensuring the successful performance of the company’s business mission through development and advance preparation of the company’s products and services. Vinci’s role also includes foreseeing, company’s service offerings as a web-based business, execution of the latest web-based technologies, and advance planning for future risks and growth. Prior to working at Equator, Vinci was President and Enterprise Architect at RedWire IT, SVP of Professional Services at Lydian Technology Group, and SVP of Professional Services at WellFound Decade Corp. He is a graduate of Columbia University.Vinci recently spoke to DSNews about how the industry can best adapt to and incorporate evolving technology.DS // What is the biggest obstacle for mortgage professionals when it comes to incorporating technology?Vinci // The adoption rate is actually pretty good in the mortgage industry, however where it gets complicated is the blur between enterprise software and personal software.Everyone’s using their phone. They’re familiar with how intuitive apps are. It is important that those user-friendly best practices continue to get pushed down into enterprise software so technology can be easier to use and adapt. I often ask my staff, “Did you take a class on how to use your iPhone or your Galaxy Note?” No, but we expect our customers to take classes on how to use our software. Enterprise technology needs to be more intuitive. It needs to be easier to use and more focused on what the user is trying to do. I think the obstacle for mortgage professionals is the lack of easy-to-use software.DS // What other changes do you see coming down the pipeline with technology in the industry?Vinci // There’s a lot going on right now, the hot topics in our space are definitely big data and data analytics, blockchain, machine learning, and robotic process automation (RPA).We have to be a more data-focused industry and while we’ve made many strides over the years, there are still those who choose to go in opposite directions from what the data is telling us—and data proves to be right more often than not. Collecting data, understanding data, and then utilizing the data is critical. Blockchain technology has a lot of opportunity in our industry. One use case that I think will see early adoption is the ability to ensure immutable data and documents. It solves a lot of issues we deal with every day. An easy example is a short sale decline, it is critical to preserving actionable data (e.g. the valuation, offer data, etc) blockchain offers us this ability, ensuring that there was no manipulation of that data behind the scenes, accidental or not. I think we’re going to see some very interesting developments in the blockchain space that will change the way many of us do business. It’s very much like the tech revolution that happened 10-15 years ago, there are a lot of very smart people looking to solve complex problems with this technology.RPA is another interesting technology that has a lot of promise. The ability to easily push the envelope on automation, and therefore efficiency, is always something we need to seriously consider. Many of our processes are repetitive, manual and transactional. They are tailor-made for this technology.DS // Are there any other technology solutions that could really benefit lenders and servicers today?Vinci // At Equator, we are working hard to assist consumers in their buying process by introducing them to default homes in their searching process. We can connect them directly to the listing agents and asset managers of the servicers that hold the assets. We can also help our servicer customers ensure that they are renovating to the local homebuyers standard. Merging all of the supply chains together and tying all of those processes together, in order to make it easier to buy and sell default properties is going to continue, and that’s one of the key priorities we’re really focused on in our organization. DS // How can companies really utilize technology to better their compliance?Vinci // Blockchain is bringing technology conversations back to the table. Generally, from a compliance perspective, you need to have a repeatable process that’s well documented, that’s proven to have the right controls, and a process that you’ve tested. Using a technology like blockchain, and being very open and systematic about how your system works and what the compliant processes are, is integral to success.Using workflow technology, and we’ve been saying this for a long time, is still the right answer to completely handle compliance. Then, when you apply big data, predictive analytics, RPA, and blockchain on top of that you’ve got yourself a strong, efficient, and auditable situation.DS // Do you have any advice or tips about technology innovations that we should share with our readership?Vinci // The big thing about technology today is, and blockchain’s probably a good example of this, that many technology options can be very appealing, but it is important to remember that technology doesn’t solve everything for everyone. You have to be judicial in your technology selection process. Do due diligence, make sure that you’re finding the right technology for the right problem and not just a technology that’s very popular. The use of vendors that specialize in the technology specifically made for your business is always a great idea. And finally, start small, prove out the technology application and then apply it aggressively. Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: House Bill Would Streamline Volcker Rule Next: The Single-Family Rental Surge Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] last_img read more