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.
-
The effective tax rate, measuring taxes relative to home prices, also increased to its highest mark in five years, according to Attom's analysis.
2m ago -
The California-based lender announced Wednesday the addition of One Goal Mortgage, a branch serving the Omaha, Nebraska, metro area and Southwest Iowa.
8h ago -
Better is focusing on its U.S. mortgage unit, which reported higher-than-expected preliminary loan volumes and priced a stock offering.
9h ago -
A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.
11h ago -
Roughly a third of homeowners with a mortgage rate less than 6% would not give up their rate for any reason, according to a survey of 1,000 mortgage holders.
April 8 -
In other news, Better Mortgage completed warehouse renewals and Wolters Kluwer provided a new form of access to its digital vault platform for secured parties.
April 8







