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Venture Capital Takes Off in Europe (BusinessWeek Online via Yahoo! News)   Marco Pescarmona had no trouble snapping up his first round of venture capital in 2000. He got $1 million to start an Italian online mortgage brokerage "in half an


No. 9: Home improvement giant's opening draws huge crowds   Christmas came just a little bit early for thousands of shoppers when home-improvement giant The Home Depot opened its doors to Guam on Nov. via Guam Pacific Daily News


Thornburg Mortgage Investor Day, in Manhattan on Nov. 8 (Business Wire via Yahoo! Finance)   Thornburg Mortgage Inc. will hold its second annual New York Investor Day for analysts and institutional investors on Tuesday, Nov. 8, 2005.read more...


Business owner left to pick up pieces of broken business (Reg Req'd)  If you've been in the Valley for any length of time you've probably heard of them before -- they're big.read more...


Mortgage defaults trip New Century  For years, mortgage banker New Century Financial Corp. was flying high amid the strong housing market and a seemingly insatiable demand by borrowers for subprime home loans to chase the


Simi cites 13 in crackdown on alcohol sales (Reg Req'd)  Members of the Simi Valley Police Department's Special Problems Section arrested 13 people and released 12 of them with promises to appear in court during a weeklong operation to curb

February 7th, 2008

U.K. Mortgage Repossessions Reach Highest Since 1999 (Update1) (Bloomberg.com)

Feb. 8 (Bloomberg)—U.K. housing repossessions reached the highest since 1999 last year and will increase further this year as banks curb lending and the economy slows, the Council for Mortgage Lenders said.

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