FRI News and Press, First Trust S&P REIT Index Fund From 10/04/23

FICO ® Platform powers customer connections by bringing applied intelligence across the enterprise FICO ® Platform has received the Banking Innovation of the Year Platinum Award in the Future Digital Awards for Fintech & Payments 2023 . Presented by Juniper Res...

2023-10-04 00:45:00 ET Summary The highest mortgage rates in 20 years, the worst level of affordability since 1984 and increasingly tight household finances are starting to torpedo housing market activity. After rising slightly in three of the previous five weeks, (from 142 to 147...

2023-10-01 09:00:00 ET Summary U.S. equity markets declined for a fourth-straight week while benchmark interest continued an unabating resurgence to fresh multi-decade highs as a looming government shutdown added complications to existing "higher-for-longer" concerns. Posting its ...

2023-09-30 12:00:56 ET More on REITs: IGR: 3 Reasons This REIT Fund Gets An Upgrade USRT: Wait For Better Momentum And Relative Strength IGR: Highly Levered, Highly Concentrated REIT Equity CEF REITs decline as rate hike concerns fuel sell-off Real es...

2023-09-28 09:00:00 ET Summary Net Lease REITs - one of the most "bond-like" and interest-rate-sensitive property sectors - have lagged in recent months as investors come to grips with a potential "higher-for-longer" interest rate environment. Thriving in the "lower forever" envir...

2023-09-28 08:10:00 ET Summary The trend for the market capitalization of the U.S. new home market continued to benefit from the "golden handcuffs" problem afflicting the owners of existing homes in August 2023. New home sales trend still rising. December 2022 saw the first up...

Study finds more than 95% of asset-backed securitizations rely on FICO® Scores Recent data from independent research firm, Mercator Advisory Group, now a part of Javelin Strategy & Research , found that asset-backed securitizations (ABS) continue to rely heavily on the FICO...

Head of business operations for FICO in EMEA takes Silver Award for ‘Transformation of the Year’ Syreeta Thomas, senior director and Head of Business Operations, Strategy and Client Success for global analytics software firm FICO in EMEA, has won a silver award for ‘...

2023-09-27 21:40:00 ET Summary Falling valuations of commercial real estate (CRE), especially in downtown office areas, will have a limited impact on both large globally systemically important banks (G-SIBs) and regional banking organizations, due to manageable exposure to the sector....

2023-09-26 20:10:00 ET Summary Cut the price, and they will not come? Homebuilders, in a tough market, compete with homeowners who are still delusional. Homebuilders are trying all kinds of stuff to get sales going in this environment of 7%-plus mortgage rates. The median pric...