At Title Alliance, we aim to hire individuals like Brooke, who set high standards and goals for themselves and their coworkers.
MEDIA, Pa. (PRWEB)March 18, 2021
Title Alliance, Ltd., a RESPA-compliant ESOP leader in joint ventured title insurance agencies, announced it has appointed Brooke Boyd as the Training and Implementation Manager. In her new position, Boyd will be responsible for all training and system conversion, including software training, the implementation of new technology products, and procedures that will streamline company protocol. She will also be traveling across the country to ensure successful training for current employees and new hires and lead the implementation of software rollouts throughout Title Alliance’s multiple offices.
“At Title Alliance, we aim to hire individuals like Brooke, who set high standards and goals for themselves and their coworkers,” said Patti DeGennaro, Chief Implementation Officer at Title Alliance. “Title Alliance is very lucky to have such a talented training manager and we look forward to the wealth of experience Brooke will bring to the role.”
Boyd brings 28 years of experience to her role at Title Alliance. Her impressive resume reveals a dedication to professional development and natural leadership. Her previous positions include Escrow Officer, Software Trainer, Implementation Manager, and Project Manager for top real estate, title and escrow, and closing companies throughout the US.
“Title Alliance provides great support and commitment to their new team member’s success, which is why I’m excited to bring my experience with software, leadership, and training to the team,” said Boyd. “I’m eager to start my new journey with Title Alliance where I can continue to learn and develop personally and professionally.”
Prospective candidates looking for a new opportunity can visit Title Alliance Careers for current job openings. One of the pillars of the Title Alliance philosophy is creating opportunities for personal and professional growth-one alliance at a time. As a result, while qualifications are important in the hiring process, personality and values are a higher priority.
About Title Alliance:
Title Alliance’s roots date back to 1948 when their first agency, which is still in existence today, was formed in Media, Pennsylvania. Since 1983, the company has been forming successful single and multi-state title joint ventures with lenders, realtors, and builders. Title Alliance works with partners to establish in-house title and settlement operations, dramatically enhancing their customer service and increasing their profit. Title Alliance’s family of companies is currently in 11 states with 60 total offices. More information at http://www.titlealliance.com
On Feb. 19, Bitcoin’s (BTC) market capitalization surpassed $1 trillion for the first time. While this was an exciting moment for investors, it also concerned investors that the asset is in a bubble.
Although a handful of listed companies ever achieved this feat, unlike gold, silver, and Bitcoin, stocks potentially generate earnings, which in turn can be used for buybacks, dividends, or developing additional sources of revenue.
On the other hand, as Bitcoin adoption increases, those same companies will likely be forced to move some of their cash positions to non-inflatable assets, ensuring demand for gold, silver and Bitcoin.
In fact, data shows that diversification between Bitcoin and traditional assets provides better risk-adjusted performance for investors, which is getting increasingly difficult for companies to ignore.
Bitcoin continuing to push above the trillion-dollar mark is also easy to overlook until one compares it to the market cap of other significant global assets. To date, less than ten tradable assets have achieved this feat.
World’s 20 most profitable companies. Source: fortune.com
As depicted above, the world’s 44 most profitable companies combined generate more than $1 trillion in earnings per year. One must keep in mind that stockholders might as well reinvest their dividends into equities, but some of it might end up in Bitcoin.
$1 trillion is small compared to real estate markets
Corporate earnings are not the only flows that may trickle into scarce digital assets. Some analysts estimate that part of the real estate investment, especially those yielding less than inflation, will eventually migrate to riskier assets, including Bitcoin.
On the other hand, current holders of lucrative real estate assets might be willing to diversify. Considering the relatively scarce assets available, stocks, commodities, and Bitcoin are likely the beneficiaries of some of this inflow.
Global real estate markets. Source: visualcapitalist.com
According to the above chart, the global agricultural real estate is valued at $27 trillion. The U.S. Department of Agriculture estimates a return on farm equity at 4.2% for 2020. Albeit very raw data, considering there are multiple uses for agricultural real estate, it is quite feasible that the sector generates over $1 trillion per year.
As recently reported by Cointelegraph, there are 51.9 million individuals worldwide with $1 million or higher net worth, excluding debt. Despite representing only 1% of the adult population, they collectively hold $173.3 trillion. Even if those are unwilling to sell assets in exchange for BTC, an insignificant 0.6% annual return is enough to create $1 trillion.
If there’s a bubble, Bitcoin is not alone
These numbers confirm how a $1 trillion market capitalization for Bitcoin should not be immediately considered a bubble.
Maybe those Bitcoin maximalists are correct, and global assets are heavily inflated due to a lack of scarce and secure options to store wealth. In this case, which doesn’t seem obvious, a global-scale asset deflation would certainly limit BTC upside potential. Unless they somehow think a cryptocurrency can extrapolate global wealth, which seems odd.
Back to a more realistic worldview, the above comparison with equities, agricultural real estate, and global wealth also confirms how insignificant Ether’s (ETH) current $244 billion capitalization is, let alone the remaining $610 billion in altcoins.
Assuming none of the corporate profits or real estate yield will be allocated to cryptocurrencies seems unlikely. Meanwhile, a mere $100 billion annual inflow for Bitcoin is five times higher than the $20.3 billion newly-minted coins per year at the current $59,500 price.
For example, $100 billion flowing into Bitcoin would only be 5% of the $1 trillion yearly corporate dividends and 5% from global wealth or agricultural real estate returns. Even though the impact on gold’s $11 trillion market capitalization would be negligent, such allocations would certainly play a vital role in Bitcoin’s path to becoming a multi-trillion dollar asset.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.
LendInvest has teamed up with Credit Kudos in order to improve the underwriting process via Open Banking.
Through the partnership, LendInvest and Credit Kudos will aim to provide brokers and clients a more accessible and secure service. The initiative also aims to enable LendInvest with making more informed lending-related decisions with the help of Open Banking insights.
LendInvest is a technology-focused property finance Fintech specialized in providing property developers a more intuitive and flexible way to gain access to commercial property finance. The company chose Credit Kudos to improve its time-to-decision with a seamless customer experience and to enhance affordability and credit risk assessments via Open Banking-powered risk insights.
Unlike the typical credit assessment providers, Credit Kudos leverages Open Banking data to offer a holistic, up-to-date view to lenders of a business or company’s financial situation. By leveraging bank transaction information and loan outcome details, it offers key insights to assist lenders with making informed credit-related decisions.
Credit Kudos’ tech supports a more seamless experience for customers and lenders. It aims to remove the requirement to manually upload business documents, and it also allows lenders to automate many parts of the underwriting assessment process. LendInvest reports that it experienced a 50% reduction in overall assessment times.
Open Banking insights have also assisted LendInvest with offering its products to clients it was not able to work with before. These customers include self-employed and sole traders who might not have traditional or more typical income patterns. This seamless, quicker application process has also provided a 26% increase in Open Banking-related conversion rates after launching last month.
Arman Tahmassebi, COO of LendInvest, stated:
“Getting rid of the manual documentation process has allowed us to offer a far faster and more convenient service. Although we have been using Open Banking for two years, this new partnership with a like-minded fintech has allowed us to take it to the next level and really reap the benefits of the technology. The greater insights are empowering us to make better informed, faster lending decisions to more people. We have been particularly impressed with the seamless integration of Credit Kudos into our system – the new dashboard is highly intuitive and it’s already helping us serve more customers.”
Freddy Kelly, Founder and CEO at Credit Kudos, remarked:
“Like LendInvest, we are committed to making credit applications smoother and fairer for both the lender and applicant, so this partnership is a natural fit. Open Banking technology is transformative for lenders who want to make smarter and faster decisions to better serve their customers. With our technology in place, lenders can automate the underwriting process and get a far more accurate picture of an applicant’s true financial position. It not only helps them lend responsibly but also opens up their service to underserved customers who may not have traditional income patterns, such as sole traders.”
Credit Kudos’ tech is completely integrated within LendInvest’s application process for buy-to-let mortgages. It will be launched along with integrations within other services in the foreseeable future.
While several tech companies are opting to delay their IPOs in the face of less-than-enthusiastic market demand for their shares, real estate tech company Compass forged ahead and went public today. After pricing its shares at $18 apiece last night, the low end of a lowered IPO price range, Compass shares closed the day up just under 12% at $20.15 apiece.
Regarding whether Compass is a tech company or a real estate brokerage, Reffkin — who raised the comparison himself — used the opportunity to note that companies like Amazon or Tesla aren’t only one thing. Amazon is a logistics company, an e-commerce company, a cloud-computing business and a media concern all at the same time. Price that.
The argument was good enough for Compass to sell 25 million shares — a lowered amount — at its IPO price for a gross worth $450 million. That, the CEO said, was his company’s goal for its public offering.
Sparing TechCrunch the usual CEO line about an IPO not being a destination but merely one stop on a longer journey at that juncture, Reffkin instead argued that putting nine figures of capital into his company was his objective, not a particular price or resulting valuation.
That might sound simple, but as Kaltura and Intermedia Cloud Communications have pushed their IPOs back, it’s a bit gutsy. Still, if financing was the key objective, Compass did succeed in its debut. It was even rewarded with a neat little bump in value during its first day’s trading.
Reffkin did confirm to TechCrunch what we’ve been reporting lately, namely that the IPO market has changed for the worse in recent weeks. He described it as “challenging.”
So why go public now when there is so much capital available for private companies?
Reffkin cited a few numbers, but centered his view around having what he construes as the “right team” and the “right results.” We’ll get a bit more on the latter when Compass reports its first set of public earnings.
For now, it’s a company that braved stormier seas than we might have expected to see so soon after a blistering first few months of the year for IPOs.
And because I would also bring her along if I ever took a company public, here’s the company’s founder and CEO with his mother:
Special situations investor RoundShield Partners has picked up more than €200m to close its first pure real estate pri
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