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FRI News and Press, First Trust S&P REIT Index Fund From 04/27/23

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Company Name: First Trust S&P REIT Index Fund
Stock Symbol: FRI
Market: NYSE

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FRI - FICO Survey: Nearly Two-Thirds of South Africans Say Friends or Family Have Been Scam Victims

As real-time payments rise, so do scams, with 70 percent of South Africans saying they have received a message they thought was a scam Customers are overwhelmingly adopting real-time digital payments like MoneyGram and banking apps, but with new payment channels comes an inevitable rise...

FRI - FICO UK Credit Card Market Report: February 2023

Data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances The latest data from FICO on UK credit card trends illustrates the financial balancing act many consumers are facing. Average card spend has increased month-on-month and...

FRI - Upward Momentum For U.S. New Home Market Cap Continues In March 2023

2023-04-26 21:38:00 ET Summary As expected, the market capitalization of new homes sold in the U.S. built continued rising in March 2023. While mortgage rates averaged slightly higher in March, it wasn't enough to overcome the positive momentum for new home sales. The question...

FRI - A Fair-Weather Bounce In U.S. Housing

2023-04-25 16:20:00 ET Summary US housing transactions and prices have surprised in the early part of the year as warmer weather lifted demand. Amid a dearth of supply, prices are being supported, but higher borrowing costs and tighter lending conditions suggest the outlook remain...

FRI - REIT Earnings Preview: When The Tide Goes Out

2023-04-25 10:00:00 ET Summary Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. This report discusses the major high-level themes and metrics we'll...

FRI - The G7 Nations Struggle With Climate Change Policy

2023-04-25 08:50:00 ET Summary The G7 nations pledged to accelerate a gradual phase out of fossil fuels and shift to renewable energy. But I do not believe that many G7 countries will meet net-zero carbon dioxide emissions by 2050. While the Fed should at least “pauseȁ...

FRI - FICO Survey: Majority of US Consumers Have Been Contacted by Real-Time-Payment Scammers

A new report from FICO found that the consumer impact of authorized user and push payment scams are increasing and top of mind for American consumers Highlights: 72% of surveyed Americans received an unsolicited text, email, phone call or other outreach they thought was pa...

FRI - Commercial Real Estate Under Pressure

2023-04-25 02:45:00 ET Summary Is the real estate market on the verge of another major downturn? The answer is it’s different. In the United States, commercial real estate vacancy rates have increased from 12.5% at the beginning of 2019 to over 20% in the second quarter of ...

FRI - Trust Bank Onboards Over 450,000 Customers in Five Months, Utilizing FICO Platform to Support Customer Onboarding

Singapore’s leading digital bank wins FICO ® Decisions Award for Customer Onboarding and Management FICO (NYSE: FICO): Highlights: Trust Bank is using FICO ® Platform to incorporate strong risk management into an exceptional and delightful ...

FRI - Housing Recession Is Over

2023-04-23 09:00:00 ET Summary U.S. equity markets finished mixed this week as investors weighed a solid start to earnings season against a mixed slate of economic data and a drumbeat of hawkish Fed commentary. Real estate equities were among the leaders this week, buoyed by signs...

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