3i in £18.3m deal for MIM

first_img whatsapp Tags: NULL Show Comments ▼ Private equity group 3i is to buy debt management business Mizuho Investment Management in an £18.3m deal.3i has agreed to but 100 per cent of the shares in business Mizuho Investment Management (MIM).MIM specialises in the management of funds raised to invest in senior and subordinated corporate debt, providing investment advisory services in return for fees.It has 28 staff and has rub eight funds totalling more than £4bn since 2005 and had £3.7bn of assets under managementat 31 March 2010.3i’s existing debt management activities will be merged with MIM to form a distinct business line, 3i Debt Management.Jeremy Ghose, chief executive officer (CEO) of MIM will become Managing Partner and Chief executive of 3i DM and will join 3i’s leadership team.3i group chief executive Michael Queen said: “There is an excellent cultural fit with 3i and the expanded business will create an enhanced debt platform to grow profitably into the future.” More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Monday 27 September 2010 2:54 amcenter_img Share 3i in £18.3m deal for MIM John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com whatsapplast_img read more

Wazdan secures transactional waiver to launch in New Jersey

first_img Online casino games developer Wazdan has secured a transactional waiver from the New Jersey Division of Gaming Enforcement (NJDGE) to launch its content in the US state. Online casino “With more to come from us in this territory, it’s the first step on a very exciting journey.” This initial launch will include titles such as 9 Lions, Larry the Leprechaun and Sizzling 777 Deluxe, as well as other popular titles, such as Power of Gods: The Pantheon, Magic Stars 3 and Magic Fruits Deluxe. “New Jersey needs no introduction as a market and we’re thrilled to be able to offer some of our most popular games to operators in the state,” Wazdan chief commercial officer Andrzej Hyla said. Email Address Wazdan secures transactional waiver to launch in New Jersey Topics: Online casino AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 21st May 2021 | By Robert Fletcher The permit will enable Wazdan to roll out a selection of its online and mobile games with licensed operators in New Jersey. Wazdan also holds licences in Great Britain, Malta and Romania, while it is also certified in a number of other markets including Denmark, Estonia, Lithuania, Latvia, Spain, Portugal, Switzerland and Colombia. Regions: New Jersey Subscribe to the iGaming newsletter Tags: New Jersey Division of Gaming Enforcement Wazdanlast_img read more

United Bank for Africa PLC (UBA.ng) 2009 Presentation

first_imgUnited Bank for Africa PLC (UBA.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2009 presentation For more information about United Bank for Africa PLC (UBA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the United Bank for Africa PLC (UBA.ng) company page on AfricanFinancials.Document: United Bank for Africa PLC (UBA.ng)  2009 presentation Company ProfileUnited Bank of Africa Plc is a financial services institution in Nigeria offering banking products and services to the personal, commercial and corporate sectors. The company provides a full-service product offering ranging from transactional accounts, overdrafts and mortgage finance to domiciliary deposits, treasury services, asset management services, bonds, money market deposits and risk management solutions. United Bank of Africa Plc supports the agricultural sector through an agricultural credit support scheme which includes agro processing, an outgrowers scheme, equipment and mechanisation scheme and a tree crops replacement scheme. Founded in 1948, the company  now has an extensive network of some 1 000 branches in the major towns and cities of Nigeria. Its head office is in Lagos, Nigeria. United Bank of Africa Plc is listed on the Nigerian Stock Exchangelast_img read more

MCB Group Limited (MCBG.mu) HY2010 Interim Report

first_imgMCB Group Limited (MCBG.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2010 interim results for the half year.For more information about MCB Group Limited (MCBG.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the MCB Group Limited (MCBG.mu) company page on AfricanFinancials.Document: MCB Group Limited (MCBG.mu)  2010 interim results for the half year.Company ProfileMCB Group Limited is a financial holdings company that, together with the several subsidiaries running under it, operates in three clusters; banking, non-banking financial and other investments. The non-banking financial sector is involved in factoring and leasing while the MCB Capital Markets Limited offers services such as corporate finance advisory, asset management, stockbroking, private equity and registry. The Group also assists micro and small entrepreneurs. The services offered by the company include, offers current, savings, and foreign currency accounts; fixed and term deposits; personal, educational, motor, green, and housing loans; term loans; and working capital finance, term funding¸ structured finance, private equity finance, and leasing services, as well as credit and prepaid cards. MCB Group Limited is listed on the Stock Exchange of Mauritius.last_img read more

R.T. Briscoe Nigeria Plc (RTBRIS.ng) 2010 Annual Report

first_imgR.T. Briscoe Nigeria Plc (RTBRIS.ng) listed on the Nigerian Stock Exchange under the Engineering sector has released it’s 2010 annual report.For more information about R.T. Briscoe Nigeria Plc (RTBRIS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the R.T. Briscoe Nigeria Plc (RTBRIS.ng) company page on AfricanFinancials.Document: R.T. Briscoe Nigeria Plc (RTBRIS.ng)  2010 annual report.Company ProfileRT Briscoe Nigeria Plc imports and markets a range of automotive vehicles, power equipment and industrial equipment in Nigeria. Its product range includes some of the world’s most recognised and widely respected automobile and industrial equipment brands. Briscoe Toyota markets, sells and services a range of Toyota commercial and passenger vehicles. The Industrial Equipment division markets, sells and services a range of industrial, mining, drilling and construction equipment under the franchise of various international brands which includes Elgi air compressors, Ford motors, Toyota forklifts, Raymond forklifts and Briscoe Toyota warehouse equipment. The company also offers a logistics and warehousing service. Its head office is in Lagos, Nigeria. RT Briscoe Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Axa Mansard Insurance Plc (MANSAR.ng) Q12011 Interim Report

first_imgAxa Mansard Insurance Plc (MANSAR.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2011 interim results for the first quarter.For more information about Axa Mansard Insurance Plc (MANSAR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Axa Mansard Insurance Plc (MANSAR.ng) company page on AfricanFinancials.Document: Axa Mansard Insurance Plc (MANSAR.ng)  2011 interim results for the first quarter.Company ProfileAXA Mansard Insurance Plc is an insurance and asset management company in Nigeria. The company offers solution products for motor, life, travel, education and commercial insurance as well as financial advisory services, portfolio and risk management services and investment consulting services. AXA Mansard Insurance Plc’s head office is in Lagos, Nigeria. AXA Mansard Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Retired Easton Bishop Sorge dies in Colorado

first_imgRetired Easton Bishop Sorge dies in Colorado Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET New Berrigan Book With Episcopal Roots Cascade Books In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector (FT or PT) Indian River, MI Rector Tampa, FL Rector Belleville, IL TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Director of Administration & Finance Atlanta, GA Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem By ENS staffPosted Dec 7, 2011 This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 People Featured Jobs & Calls Jerry Hames says: An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET December 14, 2011 at 1:00 pm Elliot, together with Bishop John MacNaughton, were two members of the communications committee of Executive Council when I began work in 1990 as editor of the “new” Episcopal Life, successor to The Episcopalian. Because of this, he was much involved in the month-by-month early development of the publication and I valued immensely both his experience and support for the publication as the staff weaved its way through bureaucratic minefields, such as the theat of a General Convention boycott in Arizona in 1991. Comments (6) Priest Associate or Director of Adult Ministries Greenville, SC Rector and Chaplain Eugene, OR Comments are closed. Featured Events Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector/Priest in Charge (PT) Lisbon, ME Rector Shreveport, LA An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET December 8, 2011 at 5:30 pm Bishop Sorge was my first executive at the Episcopal Church Center. It was a joy to work him on Education for Mission and Ministry Unit. His vision of networks to serve dioceses in order that they would serve parishes served the Church for many years. Those were exciting times. I give thanks for his life and ministry. Rector Hopkinsville, KY Rector Pittsburgh, PA Assistant/Associate Priest Scottsdale, AZ Director of Music Morristown, NJ Rector Collierville, TN Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Press Release Service Rector Albany, NY November 6, 2014 at 11:15 am Living now in the UK, I have only just seen the notice of Rev Elliot Sorge’s passing. I met him and his wife and family when I was a young UNA agronomist volunteer working in Brazil from 1966 -68 for Catholic Relief Services. I attended the Episcopal church where he was the minister in Belem in the north of Brasil at the mouth of the Amazon. Both he and his wife Marjorie were extremely kind to me at that time, welcoming me into their home for meals. I hope if Marjorie still survives hime she may receive these comments. They were a very kind couple all those years ago to me a Scots volunteer working in Brazil. The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Smithfield, NC Curate Diocese of Nebraska The Rev. Ann Fontaine says: Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT [Episcopal News Service] The Rt. Rev. Elliot L. Sorge, eighth bishop of the Diocese of Easton, died Dec. 6 in Centennial, Colorado. He was 82.Funeral services will be held at 10:30 a.m. on Dec. 10 at St. Timothy’s Episcopal Church in Centennial. Sorge and his wife, Marjorie, were living in Centennial, a suburb of Denver. A memorial will be held in Easton early in 2012.Bishop Sorge was the bishop of South Central Brazil (1971-1977) and of Easton (1983-1993). He served on the staff of the Episcopal Church Center in New York as officer for the development of ministry, beginning in 1977. Under his tenure, the unit underwent an extensive reorganization and operated through a series of networks that served parish needs in evangelism, education, youth ministries and lay development, and the wider church through deployment and seminary coordination, according to a Diocesan Press Service story about his election in Easton.Sorge was elected on the first ballot April 30, 1983 at the cathedral in Easton, the see city of the diocese on the eastern shore of Maryland. He succeeded the Rt. Rev. W. Moultrie Moore.A native of Indiana, Sorge was a graduate of De Pauw University and Seabury-Western Theological Seminary. He served missions and parishes in Ellendale, Fargo and Oakes, North Dakota from his ordination in 1954 until he went to Brazil as a missionary 10 years later.He was elected bishop of the newly created Diocese of South-Central Brazil in the Igreja Episcopal do Brasil and was consecrated in Sao Paulo on Jan. 31, 1971. He served until 1977.In addition to his wife, Sorge is survived by three children, Brian D. Sorge, the Rev. Marianne Sorge Ell, and Ruth L. Sorge. The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group virginia Dauncey Garman says: Rector Bath, NC Assistant/Associate Rector Morristown, NJ December 7, 2011 at 10:50 pm I feel honored to have known and worked with Eliot, one of the most dynamic, energetic, and creative church leaders in recent Episcopal Church history. He had a remarkable ability to envision innovative approaches to planning and pursuing mission—both domestic and overseas. His unique ability was to cut through administrative layers and strata, enabling the “folks” to be just as influential as the “people.” Not always understood , Eliot was sometimes perceived by traditionalists and ecclesiastical powerbrokers as a “maverick” who threatened their cosy, safe and familiar institution (as, of course was Jesus) but his ideas live on in the careers of many clergy friends who were profoundly influenced and highly rewarded by his friendship. A loving family -minded person, Eliot’s wife and daughters were always the center of his life. Canon for Family Ministry Jackson, MS Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Submit a Press Release Rector Knoxville, TN Family Ministry Coordinator Baton Rouge, LA Submit an Event Listing Tags Priest-in-Charge Lebanon, OH Youth Minister Lorton, VA Associate Rector for Family Ministries Anchorage, AK Curate (Associate & Priest-in-Charge) Traverse City, MI Bishop Diocesan Springfield, IL Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 The Rev. John T. Docker says: Assistant/Associate Rector Washington, DC Missioner for Disaster Resilience Sacramento, CA Associate Rector Columbus, GA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York The Rev. Dr. Robert R. Hansel says: Michael Tuckwell says: Obituary, December 9, 2011 at 5:32 pm Marge and Family,I was so sorry to hear of Elliot’s death.He was such a special person to St. Mary Magdalene in Seven Lakes. Without his vision, help and friendship our small church would not have been able to grow.My first husband Roger Dauncey and Elliot became good friends as they looked for land to some day built a church. Elliot was a great comfort to Roger in the last weeks before his death.Since you left St Mary Magdalene’s the congregation has bought a store front building along Seven Lakes drive. all of this would not have been possible with out Elliot’s vision.I have fond memories of our times with Elliot and the parking lot coffee hours when we started St. Mary Magdalene in the Chapel at Seven Lakes.I will keep you in my prayers.Virginia Dauncey Garman Cathedral Dean Boise, ID Rector Washington, DC Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Submit a Job Listing December 8, 2011 at 9:52 am Rise in glory good and faithful servant. Maybe it is time to re-visit his brilliant use of networks. Rector Martinsville, VA Associate Priest for Pastoral Care New York, NY Course Director Jerusalem, Israellast_img read more

HAY Extension / Benoit Rotteleur Architecte

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/945894/hay-extension-benoit-rotteleur-architecte Clipboard Save this picture!© Antoine Séguin+ 13Curated by Paula Pintos Share 2020 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/945894/hay-extension-benoit-rotteleur-architecte Clipboard France Photographs “COPY” Architects: Benoit Rotteleur Architecte Area Area of this architecture project Area:  45 m² Year Completion year of this architecture project CopyAbout this officeBenoit Rotteleur ArchitecteOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureRefurbishmentExtensionParisOn FacebookFrancePublished on August 19, 2020Cite: “HAY Extension / Benoit Rotteleur Architecte” 19 Aug 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesGlassMitrexSolar GreenhouseMetal PanelsAurubisOxidized Copper: Nordic BrownDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteStonesCosentinoSurfaces – Silestone® Nebula SeriesWall / Ceiling LightsLouis PoulsenLamp – LP RiplsWood Boards / HPL PanelsBruagRoom Dividers – Partition Wall MDFStonesNeolithSintered Stone – Mar del PlataWindowspanoramah!®ah! SecurityPanels / Prefabricated AssembliesULMA Architectural SolutionsMIS Facade PanelCarpetsFabromont AGTextile Floor Covering – Orbital® 07 COLORpunkt®LightsNorka lightingLuminaire – BelfastMore products »Save想阅读文章的中文版本吗?法国建筑师协会区HAY房屋扩建 / Benoit Rotteleur Architecte是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream HAY Extension / Benoit Rotteleur ArchitecteSave this projectSaveHAY Extension / Benoit Rotteleur Architecte Benoit Rotteleurcenter_img Projects “COPY” Photographs:  Antoine Séguin CopyResidential Architecture, Extension•Paris, France Lead Architects: Residential Architecture Design Team:Benoit RotteleurCity:ParisCountry:FranceMore SpecsLess SpecsSave this picture!© Antoine SéguinRecommended ProductsResidential ApplicationsLunawoodLunawood Thermowood Façade and Decking in Project ÖResidential ApplicationsULMA Architectural SolutionsAir Facade Panels in Fonsanta RestaurationWindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40WindowsLibartVertical Retracting Doors & WindowsText description provided by the architects. This Parisian suburb house, with its ornamental bricks, and low front in stone, has attracted this family with two children. Despite all its charm, the constructed area was not enough, that’s why the landlord asked the architect for a solution to create additional space and accommodate two bedrooms and one shower room while preserving the charm of the house.Save this picture!© Antoine SéguinLocated in a protected area by the Architecte des Bâtiments de France (ABF); whose mission is the conservation of monuments and the surrounded areas; the project required an innovating and contextual proposal. Save this picture!© Antoine SéguinSave this picture!FacadeSave this picture!© Antoine SéguinConsisting of living space for the children, the elevation is conceived to be minimalist and integrated into the environment, following the alignments of ABF. Save this picture!© Antoine Séguin The extension of the house, with the frontal in wooden cladding material, is aligned with the existing ground floor ensuring a light effect. The thorns, in triangular shapes, give the dynamic of the front and play with the patterning of the bricks. The openings in the new floor are in line with the windows and balconies of the ground floor, fitting at the same time between the mentioned thorns.Save this picture!© Antoine SéguinProject gallerySee allShow lessHouse Lindetal / AFF architektenSelected ProjectsMoscow Apartment / Nicolas Dahan ArchitectesSelected ProjectsProject locationAddress:Paris, FranceLocation to be used only as a reference. It could indicate city/country but not exact address. Share HAY Extension / Benoit Rotteleur Architecte Year:  ArchDailylast_img read more

Deadline Here to Vote for Indiana College Student in Anthem Contest

first_img SHARE A panel of judges have selected Jessica Ronat as a finalist in the FMC “Stand & Be Heard Anthem Singing Contest.” She will receive a scholarship prize and is now in the contest’s final round.Eighteen year old Ronat of Pocahontas, Ill., has been a member of 4-H for nearly a decade and was involved in FFA for three years. She has received accolades for livestock showing as well as showmanship and citizenship awards. Jessica also was named Grand Champion for photography at the state level. She grew up on a farm, raising Katahdin Hair Sheep and chickens. Throughout high school, Jessica performed in several musicals as well as the state and national FFA choirs. This fall, she will attend Indiana Wesleyan University and major in music therapy.All four finalists recently travelled to Nashville to take part in a professional recording experience at the House of Blues Studio. Finalist performances are at the contest website. At the site fans can cast their vote through September 18 to determine a grand prize winner, who will receive a $10,000 scholarship. The three remaining finalists will receive $5,000 scholarships. Winner announcements will be made on Sept. 22.“This year’s finalists not only display strong musical talents, but they are truly the future of our industry,” said Matt Hancock, FMC Agricultural Solutions North America corn segment manager. “We look forward to seeing where their futures take them.” By Andy Eubank – Sep 17, 2014 SHARE Facebook Twitter Home Indiana Agriculture News Deadline Here to Vote for Indiana College Student in Anthem Contest Facebook Twitter Deadline Here to Vote for Indiana College Student in Anthem Contest Previous articleMorning OutlookNext articleMidday Update Andy Eubanklast_img read more

Breaking Away From the Negative Equity Trap

first_img in Daily Dose, Featured, Market Studies, News  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Who are the Industry’s Top Leaders? Next: Industry Pulse: Updates on Auction.com, Radian, and More … The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Tagged with: CoreLogic Delinquencies Foreclosure Frank Nothaft Homeownership Negative Equity Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] CoreLogic Delinquencies Foreclosure Frank Nothaft Homeownership Negative Equity 2018-12-06 Donna Joseph Data Provider Black Knight to Acquire Top of Mind 2 days ago Equity for U.S. mortgage holders has increased by nearly $775. 2 billion (or 9.4 percent) since the Q3 2017, according to an analysis by CoreLogic.The analysis indicated that homeowners are breaking away from the negative equity trap. It reflected a decrease in negative equity of total mortgaged residential properties by 4 percent in 2018, compared to 4.1 percent the previous year. Compared to the third quarter of 2017, negative equity decreased 16 percent from 2.6 million homes, or 5 percent of all mortgaged properties.According to the CoreLogic, at the end of the third quarter of 2018, the national aggregate of negative equity recorded an approximate of $281.6 billion—a drop every quarter by approximately $1.1 billion, from $280.5 billion in the second quarter of 2018. Compare this to 2009, negative equity peaked at 26 percent of mortgaged residential properties. Nationally, the average homeowner gained approximately $12,400 in equity during the past year, with California recording the highest year-over-year average increase at $36,500. At the metropolitan level, negative equity continues to improve across the country, with the exception of Miami-Miami Beach and Kendall-Florida, at 11.2 percent year over year, the report found.“The number of homes in a negative equity position has remained around 2.2 million for two consecutive quarters this year. Without equity, those homeowners are unable to sell their homes and are more likely to transition from delinquency to foreclosures if they face financial distress,” said Frank Nothaft, Chief Economist at CoreLogic. Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Breaking Away From the Negative Equity Trap About Author: Donna Joseph Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles December 6, 2018 1,264 Views Breaking Away From the Negative Equity Trap Subscribelast_img read more