NetGain, a weblog on evaluating income property investments headquartered in Mountain View, Calif., has announced the introduction of a national index aimed at increasing return on investment and minimizing investment risk.NetGain said the National Income Property Index provides recommendations to investors based on "the two most crucial influences" on the value of income property: jobs and the cost of debt service. NetGain co-founder Allen Cymrot said the index fills "a void in the marketplace for solid, up-to-date analysis on the current investment climate" and offers investors "a trusted resource that takes into account historical and present-day statistics, along with data to guide them toward establishing critical negotiating tactics effective in any real estate market." The company can be found online at http://www.netgainrealestate.com.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
7h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
10h ago -
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
July 11 -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
July 11 -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11