Updata Capital Inc., Red Bank, N.J., has released research explaining what is behind the recent increase in merger-and-acquisition activity in the financial technology sector.The investment banking firm, which specializes in M&As for the information technology industry, reported that four factors are contributing to the increase in technology M&As: the improved economy and resulting health of the capital markets, rising IT budgets, the impact of mandated regulatory changes, and lastly, the viability of new technology models to enhance profitability and accelerate sales. The complete Financial Monitor for summer 2004 can be viewed on http://www.updata.com.
-
Unison faces allegations it operates as an unlicensed mortgage lender with misleading marketing that drives homeowners into high-risk "no-debt" contracts.
3h ago -
The 30-year fixed-rate mortgage averaged 6.09% Thursday, down two basis points from last week, while the 15-year rate fell to 5.44%, according to Freddie Mac.
5h ago -
A House subcommittee hearing discussing the future of the government-sponsored enterprises, noted both are still severely undercapitalized.
6h ago -
The company formerly known as Ocwen confirmed that a deferred tax asset valuation helped boost net income to common shareholders despite servicing challenges.
6h ago -
The income needed to afford a home had been rising on an annual basis nearly every month for five years, but affordability has been improving since the summer.
8h ago -
More than half of respondents in a National Mortgage News survey predict AI-backed underwriting will fundamentally change mortgage processes in 2026.
8h ago




