Oct, 04
2023
Business, Free News Articles, Reports and Studies

High Rates and Low Supply Drag Down Mortgage Volume in MCT October Indices Report

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a significant dip of 13.29% in mortgage lock volume over the prior month.

Following the last month-over-month 4.76% drop, this downward trend in mortgage lock volume is attributed to an increase in mortgage rates throughout the last month to high sixes and low sevens as the primary culprit, and lack of supply and unattractive housing values being secondary reasons. "We are hopeful that we will get some better sentiment from the Fed in either its November or December meeting which would allow for some relief for rates," said Andrew Rhodes, Senior Director, Head of Trading at MCT, "But without that, high-interest rates will continue to be the prevailing force weighing on the market."

Eyes in the coming winter months will be on any shift in CPI and non-farm payroll, two indicators the Fed will look to as it makes its decisions for the rest of the winter and into Q1. "As long as those numbers continue to stay strong or in line with the consensus, I believe the rates are going to stay where they are. If we see a strong shift in either direction for CPI or non-farm payroll, that could mean we will either see an increase in rates or we will get more verbiage on pausing and it being close to terminal." states Mr. Rhodes.

Download the full MCT October Indices Report for further information, including year-over-year charts and data. MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to thrive under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

RELATED LINKS:

https://mct-trading.com/press-release/mortgage-lock-volume-dips-rising-rates-mct-indices/

https://mct-trading.com/press-release/high-rates-low-supply-drag-down-mortgage-volume-in-mct-october-indices-report/

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Oct, 04
2023
Business, Free News Articles, Product Launches, Software

FormFree partners with original ‘Shark’ and iconic entrepreneur Kevin Harrington to launch Passport portable financial ID

ATHENS, Ga. -- FormFree® has partnered with serial entrepreneur Kevin Harrington of "Shark Tank" fame to promote Passport®, a free service that makes it easy for consumers to quantify their borrowing power and share their verified assets, employment, annual and residual income and rent payment history with their preferred lender in just minutes from any web-enabled device.

Passport's comprehensive and streamlined approach to verifying borrowers' ability to pay significantly lowers lenders' operational costs, reduces fraud risk and speeds loans along - all while putting borrowers in control of their data and opening up financial inclusivity to the historically underserved.

Harrington's team will support FormFree's October 20 launch of Passport with advisory and marketing services, including the engagement of financial advisors, real estate agents and social media influencers in sharing the service with consumers who are ready to use their credit to achieve financial goals such as consolidating debts or financing the purchase of an automobile or home.

Brent Chandler, founder and CEO of FormFree, pioneered digital asset verification with the 2009 launch of AccountChek®, a service that was used by more than 3,500 mortgage lenders to verify more than $4 trillion in borrower assets before its strategic divestiture to Stewart Information Services Corporation (NYSE: STC) subsidiary Informative Research in March 2023. With the consumer debut of Passport, Chandler aims to transform the lending industry once again with technology that leapfrogs current financing barriers.

"Kevin [Harrington] is a masterful communicator. Together we're reshaping credit access with Passport by giving consumers direct control over their data for the first time," said Chandler. "As we initiate this transformative shift in lending, our focus on low income and minority buyers is unwavering. They are at the heart of this change and stand to reap significant benefits."

"Having to gather and provide dozens of documents just to understand their own borrowing capacity deters countless consumers from applying for financing - and it's a hurdle they have to clear again and again if they want to apply with several lenders and compare offers," added Harrington. "Passport makes it practical for consumers to share their always up-to-date financial data with a marketplace of lenders all at once and consider multiple, competitive offers."

Chandler and Harrington will appear together at the Mortgage Bankers Association Annual Convention and Expo in Philadelphia next week to introduce Passport to mortgage industry participants and preview the FormFree Exchange (FFX), the online marketplace where lenders compete for the business of Passport users.

"This idea is something we've been working on for a while now," said Chandler. "There is already a lot of excitement about how FFX would speed and simplify customer acquisition and help buyers get the best financial products for their needs."

About FormFree®:

FormFree empowers consumers to understand their ability to pay and share it with lenders like never before. Using FormFree's Passport® app, consumers can verify all the core financial data required by loan underwriters - including identity, assets, income, employment credit history and cash-flow data - in seconds. Once consumers are ready to transact, they can anonymously share their verified data on the FormFree Exchange (FFX) and receive immediate offers from a marketplace of lenders who fully understand their ability to pay, residual income and eligibility for down payment assistance and inclusive lending programs.

For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About Kevin Harrington:

Harrington is world renowned as the inventor of the infomercial, pioneer of the "As Seen on TV" brand and one of the original "sharks" on the hit ABC show "Shark Tank." He has launched more than 20 businesses that have each grown sales in excess of $100 million as part of a career that has introduced 1,000+ products generating over $6 billion in global sales. His business experience spans the globe, including opening distribution outlets in over 100 countries. https://kevinharrington.tv/

Related link: https://www.formfree.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Oct, 03
2023
Business, Free News Articles, Software

Dark Matter Technologies joins ACUMA as an affiliate member

JACKSONVILLE, Fla. -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, Dark Matter aims to help credit unions increase loan origination, improve loan quality and enhance member satisfaction.

Dark Matter, formerly Black Knight Origination Technologies, is on a mission to revolutionize the mortgage origination business by supporting, growing and aggressively innovating new and existing products including the popular AIVA(r) artificial intelligence solution and the comprehensive Empower(r) Loan Origination Platform. Dark Matter also provides a suite of tools - from product and pricing engines to document classification and indexing powered by machine learning - to seamlessly complement Empower, making lending operations faster, smarter and more efficient.

"ACUMA members should never be forced to make a tough decision between technology that comprehends and serves the distinct requirements of credit unions and technology that delivers a genuinely exceptional mortgage experience," said Dark Matter CEO Rich Gagliano. "With Dark Matter, credit unions of every size can compete on equal footing with other financial institutions in terms of mortgage efficiency and the overall member experience."

ACUMA is an organization dedicated to helping credit unions optimize their real estate financing services. ACUMA member organizations include federal- and state-chartered credit unions and credit union service organizations (CUSOs), mortgage insurance companies, secondary market investors and investment banking firms and mortgage technology firms.

"ACUMA serves as a vital resource in creating opportunities for credit union professionals and their primary suppliers to network, share knowledge, build relationships and grow market share," said ACUMA President Peter J. Benjamin, CMB. "We are delighted to introduce this extraordinary company to our members and extend a warm welcome to the team at Dark Matter."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide.

For more information, visit https://www.dmatter.com/.

About ACUMA:

The American Credit Union Mortgage Association is a not-for-profit trade association dedicated to credit unions and mortgage lending. ACUMA provides resources and education to credit unions aimed at streamlining performance, processes, and procedures for real estate lending services. ACUMA's goal is to encourage credit unions to help more consumers get fairly priced and safe mortgage loans delivered locally, and in so doing, provide them with a pathway to the American dream of homeownership. ACUMA brings together the shared real estate lending and financing interests of hundreds of credit unions and CUSOs. ACUMA member organizations include federal and state charted credit unions and CUSO, mortgage insurance companies, secondary market investors, investment banking firms and technology companies.

Visit ACUMA's website at https://www.acuma.org/ for more information.

Related link: https://www.dmatter.com

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Oct, 03
2023
Business, Education and Schools, Free News Articles, NonProfit and Charities, Reports and Studies, Sciences

Gains and Challenges Seen in New Study of U.S. Postdoc Programs

ROCKVILLE, Md. -- A new report released today from the National Postdoctoral Association (NPA) published in partnership with Sigma Xi, The Scientific Research Honor Society, highlights both progress over the last decade in institutional support for postdoctoral fellows ("postdocs") as well as significant areas requiring attention. The report, Pressing Forward in Supporting Postdocs: 2023 National Postdoctoral Association Institutional Policy Report, makes specific recommendations to institutions hosting the nation's 72,000 postdocs.

"The NPA Institutional Policy Report is invaluable in showing how far we have come in supporting postdoctoral scholars, in helping us dig deeper into the issues that impact scholars and our offices, and in advocating for greater support for the scholars that are working hard to change the world," commented Sofie R. Kleppner, Ph.D., associate vice provost and associate dean, Stanford University.

The new release provides four critical recommendations for improving the postdoctoral environment: pay postdocs a competitive wage with comprehensive benefits; provide proper institutional support for postdoc offices and associations; collect data on postdoc demographics and outcomes; and provide a postdoc handbook transparently outlining institutional policies.

"This report provides clear direction for any institution with a postdoc program," commented Thomas P. Kimbis, J.D., executive director and chief executive officer of the NPA. "The data tell a tale of hard work and major successes in some areas- and the need to redouble efforts in others."

With data collected from more than 100 institutions, the NPA looked at key factors of postdoctoral programs, including policies, benefits, and training programs. With longitudinal data covering a span of nine years, originating with the first such report in 2014, this report provides a unique data set identifying specific areas of strength and weakness aggregated across U.S. postdoctoral policies and practices.

For the first time, the survey also collected information on diversity, equity, and inclusion (DEI) efforts at institutions, with support from the Burroughs Wellcome Fund. In regard to the total number of postdocs in the U.S., the data did not show any indication of a decrease over the last three years, although there has been a decline when looking across the last decade.

"This data gives us critical insight into key areas of need when it comes to institutional support and fair pay for postdoctoral scholars," said Jamie Vernon, Sigma Xi executive director and chief executive officer. "The inclusion of DEI information in this year's report represents a key area of importance for both Sigma Xi and the NPA and can produce a valuable barometer for institutions."

The report is tied to the NPA Recommendations for Postdoc Policies and Practices, which provides comprehensive guidelines for institutions hosting postdocs. A new version of the recommendations is scheduled to be released in 2024, providing additional direction to institutions seeking to improve their postdoctoral environments.

Pressing Forward in Supporting Postdocs is being released in conjunction with the September/October issue of Sigma Xi's publication, American Scientist, and is also available online at the Sigma Xi and NPA websites. The report is the fourth in a series of triennial reports on this topic. Past reports and aggregate survey data are available to NPA members online.

More information: https://www.nationalpostdoc.org/page/policy_report_databa

About National Postdoctoral Association:

The National Postdoctoral Association (NPA) is a nonprofit, 501(c)(3) educational association headquartered in Rockville, MD. Founded in 2003, the NPA envisions an inclusive community where all postdocs are empowered, valued, recognized, and supported in their current and future endeavors. The NPA serves the entire postdoctoral community, including its 20,000 individual and 230 organizational members.

Learn more: https://www.nationalpostdoc.org/page/Join

Related link: https://www.nationalpostdoc.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 29
2023
Books and Publishing, Business, Entertainment, Free News Articles, General Editorial, Product Launches

Tellwell Publishing Announces Indigenous Voices Grant in Honour of the National Day for Truth and Reconciliation

VICTORIA, B.C. -- Tellwell Publishing is launching a new program called the Indigenous Voices Grant, earmarking $10,000 in in-kind book publishing services to amplify the voices of Indigenous Canadians.

The grant aligns with Tellwell's commitment to cultivating a vibrant culture through the telling of powerful stories while contributing to the understanding of Indigenous communities, histories, and perspectives in Canada.

"We believe in the power of storytelling to foster awareness and empathy," said Tellwell Publishing CEO Tim Lindsay. "By offering this grant, we aim to remove barriers to publishing and create a platform for Indigenous voices. We look forward to witnessing the birth of inspirational and impactful works that resonate with readers and contribute to the rich tapestry of Indigenous literature."

The guidelines for the Indigenous Voices Grant will be established in the coming months with the funding allocated and first book projects selected in 2024. The grant may support one or more book projects depending on the submissions received and their budgetary needs.

Tellwell Publishing is actively seeking partnerships with organizations to help promote the Indigenous Voices Grant and curate submissions. The fund aims to embrace book projects in genres ranging from non-fiction and fiction to poetry or children's literature.

About Truth and Reconciliation Day: The National Day of Truth and Reconciliation, previously known as Orange Shirt Day, observed annually on September 30, is a day to honour and remember the Indigenous children who were sent away to residential schools in Canada, and to learn more about the history of those schools and the ongoing impacts of intergenerational trauma that remain as a result of their existence.

About Tellwell Publishing:

Tellwell Publishing, based in Victoria BC, is an independent book publishing company committed to providing quality publishing services to authors. Tellwell empowers authors by offering the expertise and talents of publishing professionals to enhance the quality of their work.

Additional information about Tellwell Publishing can be found at: https://www.tellwellpublishing.com/.

Related link: https://www.tellwellpublishing.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 29
2023
Awards and Honors, Business, Free News Articles, Software

Mortgage Capital Trading Named Best Place To Work 2023 By SDBJ

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced that it has been named one of the Best Places to Work 2023 by the San Diego Business Journal (SDBJ) in the medium-sized company category (50 - 249 U.S. employees). This award is designed to identify, recognize, and honor the best places of employment in San Diego that benefit the county's economy, workforce, and local businesses.

MCT has been headquartered in downtown San Diego for nearly two decades, and during that time, the firm has evolved its "team member first" mindset - focusing on wellbeing and intentional work/life balance. Throughout the pandemic and segueing into the volatile mortgage market the entire industry is currently facing, MCT leadership has continued to prioritize team member needs.

"We are honored to be named the Best Place to Work in San Diego year after year," said Chad Campora, Head of Human Resources. "It's humbling to know that MCT team members feel respected, rewarded, and empowered to bring their best selves to work each day. The tenure among many of our key people is definitely a point of pride."

The SDBJ puts companies that applied for the award through an extensive evaluation process that includes a detailed analysis of company workplace policies and practices along with a comprehensive employee survey. The combined scores determine the top companies and the final rankings. The winning companies were honored at an awards ceremony hosted by the SDBJ in August.

More information on the SDBJ's Best Places to Work in San Diego program can be found at https://www.sdbj.com/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 28
2023
Awards and Honors, Business, Free News Articles, Taxes and Accounting

INSIDE Public Accounting Ranks KROST Among Top 100 Firms in the US in 2023

PASADENA, Calif. -- INSIDE Public Accounting (IPA) has named KROST CPAs & Consultants Top 100 Firm in 2023. The firm ranked 73rd on the prestigious Top 100 list. KROST along with other recipients of these distinguished awards are highlighted in IPA's monthly newsletter. KROST has been named Top 100 firm for the third year in a row.

"We couldn't be prouder to be recognized by our industry once again. It's a true testament to the hard work and dedication of our incredible team who made this recognition possible. Receiving this award reinforces our commitment to providing quality services to our valued clients," said Jason Melillo, CEO

INSIDE Public Accounting (IPA) is a leader in practice management resources for the public accounting profession that include: the monthly practice management newsletter, the annual national practice management benchmarking reports and corresponding reports and training. IPA has assisted firms across North America grow and thrive since 1987. The one-of-a-kind IPA 500, recognizing the top U.S.-based accounting firms, is the most comprehensive list of North American public accounting firms available.

IPA annually ranks the largest public accounting firms in the U.S. based on participating firm's net revenues - from the multi-billion-dollar U.S.-based Big 4 to the $3.8 million firm. Ranking data is captured through IPA's annual practice management survey and analysis of firms. IPA is the survey leader in data collection for the profession, with more of the largest 600 firms participating than any other survey today and a 92% return rate of participating firms.

Learn more about our services - https://www.krostcpas.com/services

View INSIDE Public Accounting's 2023 Top 100 Rankings - https://insidepublicaccounting.com/top-firms/ipa-500/


For more information about KROST's awards and recognition, visit KROSTCPAs.com/awards

ABOUT KROST CPAS & CONSULTANTS:

KROST is a full-service Certified Public Accounting and Consulting firm headquartered in Pasadena, California. As trusted advisors and industry leaders, clients depend on KROST for timely information, innovative solutions, and results-driven teamwork in the areas of accounting, assurance, business management, consulting, tax, mergers and acquisitions, and wealth management. Our professionals have expertise in a variety of industries. We proudly serve the restaurant, hospitality, manufacturing, real estate, technology, sports & entertainment, financial services, not-for-profits, and grocery industries. We also provide thought leadership on tax laws and the rapidly changing market.

Learn more: https://www.krostcpas.com/

Related link: https://www.krostcpas.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 28
2023
Business, Construction and Building, Free News Articles, Manufacturing, Restaurant, Hotel and Hospitality

Senneca Brands’ Chase Doors and Eliason Celebrate 2nd Annual National Traffic Door Day on September 28

CINCINNATI, Ohio -- Chase Industries, Inc., founded by Chase Blum in 1932, began its operation as an insulated walk-in cooler and specialty refrigeration equipment manufacturer. Ninety-one years later, Chase Doors is the world's oldest, largest, and most progressive manufacturer of double-acting impact traffic doors and specialty doors. Eliason Corporation is the number one leader for high-quality restaurant doors.

Eliason is recognized as the premier manufacturer of custom traffic door solutions, consisting of a wide variety of door types and custom options such as custom laminates, window shapes, sizes, etc.

September 28 has been designated by the National Archives as National Traffic Door Day. This day celebrates Chase and Eliason traffic doors and the businesses that use them to keep customers and employees safe.

Traffic doors create an efficient traffic flow in restaurants, retail and industrial spaces and help provide peace, tranquility, and a stylish separation solution where folks dine and shop so they can enjoy the environment and company around them. They add value and efficiency to applications with multi-directional openings where visual, sound, and environmental barriers are required. These doors are extremely durable and capable of withstanding the wear and tear associated with sales-to-back room and walk-in cooler openings in high volume establishments. Known for their long-term value, they are ideal for use in supermarkets, retail establishments, institutions, industries, restaurants, and food service operations.

On September 28, Senneca is proud to join in the celebration of National Traffic Door Day. This day honors the businesses that use traffic doors to ensure the safety of their customers and employees. We encourage everyone to show their support by taking a selfie in front of a traffic door at their favorite restaurant, retail store, or other business and posting it on social media with the hashtag #NationalTrafficDoorDay. We also ask that you take the time to thank the service industry individuals that use traffic doors in their daily work.

At Senneca, we are proud to provide high-quality traffic doors to businesses all over the country. We understand the importance of safety and security, and our doors are designed with these in mind. We invite everyone to join us in celebrating National Traffic Door Day and thank those who use our doors every day. Together, we can help keep customers and employees safe everywhere.

To learn more about this day, please visit National Traffic Door Day - National Day Archives for more information.

Chase Doors and Eliason Corporation are part of the Senneca family of brands. Senneca is a designer and manufacturer of a broad portfolio of specialty doors for commercial and industrial applications and enclosures for mission critical environments. Our brands are some of the most widely recognized names in the industry and include Chase Doors, Eliason, ColdGuard, Curtron, Door Engineering, Hercules, HMF Express, Saino, Simplex, Subzero and Thermoseal. We are committed to exceeding our customers' expectations by supplying doors that offer safety and protection to our customers' most important assets...people, products, capital investments and processes.

LEARN MORE:

https://www.nationaldayarchives.com/day/national-traffic-door-day/

https://www.chasedoors.com/

https://www.senneca.com/

Related link: https://www.chasedoors.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 27
2023
Business, Free News Articles, Product Launches, Software

HIX ArticleGPT Promises to Deliver Truly Fact-based, SEO-Friendly and Up-to-date Blog Articles

NEW YORK, N.Y. -- HIX ArticleGPT, the latest offering rolled out by HIX.AI, is an AI article writer that helps users craft credible, well-researched blog articles within minutes. The platform guarantees that the AI-generated content will be 100% fact-based, SEO-friendly, and up-to-date. These aren't just hollow promises; they are actual features the tool can deliver.

"Ever-more-powerful AI tools arrive daily to push the limits of what is possible. However, none of them comes close to the versatility HIX ArticleGPT offers," affirms Camille Sawyer, CEO of HIX.AI.

HIX ArticleGPT supports up to 8 types of articles that cover a wide range of niches, including Amazon product roundups, general product roundups, how-to guides, news articles, comparison posts, and beyond, far more than its competitors. Its sophisticated algorithms also ensure users receive 100% unique and reliable content safe from Google's duplicate content penalties.

The benefits don't stop there. "Our users want a draft that's backed by the most credible, freshest online sources. We're on a mission to make that happen", asserts Sawyer.

By allowing users to provide reference articles to be directly incorporated into the AI-generated content, HIX ArticleGPT can generate factually accurate, reliable blog content. Users only need to input target keywords on chosen topics and countries, and the tool will conduct quick searches to surface a list of the highest-ranking Google results for them to select from. Alternatively, users may choose to input pertinent external sources themselves. Either way, the ability to directly integrate relevant references into AI writing simplifies the process of creating informed, trusted content.

Users can also customize their content around specific products when creating Amazon roundup articles with the tool. They only need to input or handpick specific Amazon product pages, the tool can intelligently scrape and incorporate reliable details like specs, features, and reviews directly from the sources. Armed with these original data, HIX ArticleGPT can generate fact-based, credible Amazon roundups, rather than relying purely on generic info.

"We understand that high ranking and traffic are what our users are aiming for, and so we take tangible steps to support these aims," acknowledges Sawyer.

With HIX ArticleGPT, users have the ability to input specific keywords, allowing the platform to intelligently craft SEO-friendly blog articles that seamlessly incorporate these keywords. By doing so, it ensures enhanced search visibility, increased website traffic, and improved conversion rates.

As Sawyer notes, access to real-time facts and fresh data is also paramount for publishing genuinely helpful, informative articles. That's why HIX ArticleGPT integrates the latest information into articles on demand, which sets a high bar for relevancy that some competitive tools may need help to match. Users no longer need to fret about their AI-generated articles being filled with outdated information, especially when it comes to news articles.

HIX ArticleGPT's promise to deliver fact-based, SEO-friendly, and up-to-date articles is a testament to its cutting-edge nature. Its ability to generate such meticulously researched, credible content in a brief timeframe also sets a revolutionary standard compared to other AI competitors.

LEARN MORE:

https://hix.ai/

https://hix.ai/ai-article-writer-blog-generator

Related link: https://hix.ai/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 27
2023
Business, Free News Articles, NonProfit and Charities

Silicon Valley High School Senior Works to Improve Cystic Fibrosis Research through AI

SAN FRANCISCO, Calif. -- Manasvi Pinnaka is a senior at BASIS Independent Silicon Valley in San Jose, CA. She's also the founder and CEO of Nysha.ai, a nationally-recognized nonprofit organization committed to raising awareness for cystic fibrosis.

For the past few years, Pinnaka has worked on numerous projects at the intersection of AI/ML and healthcare, including the detection of disease severity in cystic fibrosis patients using the lung microbiome. Ultimately, with Nysha.ai, she enjoys sharing her passion for biotechnology research while working to improve the standard of care for those with cystic fibrosis.

Pinnaka's goals are to create awareness about this disease in all races and ethnicities while empowering and educating students to explore the world of AI research to advance the finding of a cure for the disease. She's committed to fostering a passion for technology and innovation among young minds.

The nonprofit's advisory board includes Dr. Carlos Milla, professor at Stanford University; Dr. Beate Illek, professor at UCSF; and Dr. Jonathan Widdicombe, emeritus professor at UC Davis. Since its founding, Nysha has organized various research projects, including AI research and literature reviews, relating to cystic fibrosis and its complications with ongoing support from this board and from medical/engineering students. It's also offered more than $200,000 worth of in-kind mentorship services.

"Our volunteers are at the heart of all we do and we're committed to expanding nationally and internationally," Pinnaka says. "We're creating new chapters and working to grow every day."

At Nysha.ai, volunteers have the opportunity to organize presentations at various venues in their communities to raise awareness for cystic fibrosis. These presentations have reached more than 52,000 community members and have raised more than $27,000.

Other initiatives include partnerships with libraries across the world to distribute information about cystic fibrosis to visiting children and their families.

"Our volunteers have also made it possible to bring awareness to schools in their area and some have even started their own clubs that focus on awareness for rare diseases like cystic fibrosis," Pinnaka explains. "It's an exciting time."

Most recently, Pinnaka led Nysha's volunteers in cultivating the next generation of AI technologists, innovators and leaders at a one-day conference - the Youth AI Summit at Capital One Hall. More than 300 high school students, mostly from underrepresented backgrounds, attended and had unique opportunities to engage with AI experts from various fields. There was even a chance to enter into an AI Ideathon pitch competition.

The summit included notable speakers such as Christos Makridis, an economic advisor of the White House; Steven Wellner, associate judge superior court of the District of Columbia; and Dominic Delmolino, vice president of Amazon Web Services. Nysha.ai also delivered speakers such as Dr. Tushar Desai, a professor at Stanford University; and Dr. Steven Jonas, an associate professor at UCLA, to talk about the latest advancements in cystic fibrosis research.

"My primary goals are to encourage testing for cystic fibrosis in underdiagnosed communities, to encourage STEM education among today's youth and to ultimately help to further research projects focused on finding a cure for the disease," Pinnaka says. "To do this, we need to continue to grow our volunteer base."

Interested volunteers can learn more here: https://nysha.ai/

Related link: https://nysha.ai/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

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