The Ticker


AssetAvenue offers new loan for rental investors

Considers income possibility over debt-to-income ratio
Although FirstKey Holdings is reportedly ending its lending program for smaller investors due to high costs, AssetAvenue decided to take a turn at it. The company just announced its new program designed for lenders, which will look at the property’s rent income, rather than the investor’s personal income.
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Black Knight: Foreclosure starts hit 10-year low

Down nearly 20% from March to April
There were fewer foreclosure proceedings initiated during the month of April than in any month in the last 10 years, a new report from Black Knight Financial Services shows. Plus the number of loans in active foreclosure fell to a level not seen since 2007. Here are all the details.
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Appraisal volume continues to trudge along this spring

Fed uncertainty dents market
Appraisal volume, not surprisingly, recorded another slow week. Last week, Kevin Golden, director of analytics with a la mode, explained why this spring home-buying season isn’t turning into the hot buying season it’s supposed to be. This week's report reiterates that.
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New home sales reverse course, rise in April

Moves higher for spring-buying season
The latest April new home sales report shows signs that the housing market could finally be returning to normal after a series of up and down reports. One chief economist noted that so far in 2016, new home sales have declined each month. However, sales are now up a whopping 24% from last April.
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4 tips for real estate agents to crush it on Snapchat

Hurry, before competition heightens
If you could go back in time and build an audience on Twitter before it blew up would you? Well, Snapchat is still an unchartered area for real estate agents to jump into. Here are four tips on how to use Snapchat to your advantage, along with Snapchat pros you need to follow.
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NAFCU urges legislative action on cyber security

Pushing for higher standards for retailers
Hacking and cyber breaches are on the rise and continue to plague various institutions. To help combat this, the National Association of Federal Credit Unions is working with six other financial trade groups to fight for stronger cyber security regulations.
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Florida housing market improves in April

New listings and median price increase
A number of factors combined to move Florida's housing market forward in April. Higher sales prices, more listings entering the market and low mortgage rates all played a hand. That being said, affordable housing still seems to be struggling.
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Brookings Institution: For the most part, solar energy is worth it

Location plays a key role
The demand for solar energy is surging. But not everyone is on board with the idea, especially the companies involved. The root of the problem comes down to issues for utilities and the public utilities commissions that regulate them. While the debate was enough to ruin sales in Nevada, these studies disagree.
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