FRI News and Press, First Trust S&P REIT Index Fund From 12/08/22

Summary Amid the crosscurrents, two themes have prevailed during the post-pandemic years, which lend some perspective to the macroeconomic roadmap ahead: namely, the bipolar swings in macro policy and the forces of economic normalization. After one of the worst years for fixed income as...

Summary Single-Family Rental REITs have uncharacteristically lagged this year- dipping by more than 30% - swept up by stiff headwinds across the housing industry from the historic surge in mortgage rates. While residential rent growth has moderated significantly over the past quarter fr...

Credit & Collections Technology Awards recognize FICO’s innovative solution for tackling growing fraud crisis Global analytics software provider FICO won the Machine Learning in Credit and Collections Award at the 2022 Credit & Collections Technology Awards, held in Londo...

Summary U.S. equity markets are grappling with the highest inflation in decades, critical central bank policy decisions, and slowing economic growth. Energy’s positive dispersion can be attributed to the outperformance of energy stocks this year, which has propelled the S&P E...

Summary The mortgage payment for the median new home sold in the U.S. during October 2022 would now consume nearly half the monthly income of an American household earning the median income. As mortgage rates have exploded, median new home prices have remained elevated, holding down the...

A new report from FICO focusing on consumer perception of how financial organizations manage fraud and identity verification found that fraud protection is top of mind for American consumers Highlights: Nearly one in three (33.1%) American consumers say good fraud protection is th...

FICO’s latest survey into fraud and identity verification shows consumers rank fraud protection as number one consideration when choosing a new financial account provider and they’re now on board with the latest identity verification methods Highlights 30 percent of ...

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Will Lansing, Chief Executive Officer, will present at the Barclays Global Technology, Media and Telecommunications Conference on Wednesday, December 7 th at 3:05 pm PST at The Palace Ho...

Summary The national average on a 30-year fixed rate mortgage has come back below 7%, but it remains elevated versus recent history as housing data still can’t catch a break. This morning, the NAHB released their latest reading on homebuilder sentiment and for the eleventh ...

Summary As a result of higher mortgage rates, an oversupply of housing and falling demand, the downturn in the housing market is only just getting started. Given the housing markets are important to economic growth, this will continue to be a significant drag on the business cycle...