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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Industry professionals shared stories of homeowners looking to get out and investors pausing deals, while others cautioned a wait-and-see approach.
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The lender reported $33.3 million in net income in the third quarter this year, up from the second quarter and same period a year earlier.
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Previously, Kim was a managing director in J.P. Morgan Chase & Co.'s strategic investments group, where she managed a diverse portfolio of fintech investments.
November 5 -
At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
November 5 -
The latest sale consists of close to 1,200 HECMs secured by vacant residential units found in 46 states, according to data provided by the government agency.
November 5 -
What makes the situation alarming is the government attack on the fair lending enforcement infrastructure, said Lisa Rice of the National Fair Housing Alliance.
November 5





