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Our Place Opens to Help Homeless in Victoria

This is a discussion on Our Place Opens to Help Homeless in Victoria within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; VICTORIA, British Columbia, June 24, 2008 ? Representatives from all three levels of government and local partners celebrated the official ...


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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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Old 06-26-2008, 07:55 PM
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Default Our Place Opens to Help Homeless in Victoria

VICTORIA, British Columbia, June 24, 2008 ? Representatives from all three levels of government and local partners celebrated the official opening of Our Place, a $14million development helping to break the cycle of homelessness in Victoria today.?The Government of Canada is committed to making affordable housing more available in British Columbia and for those who need it ?

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(Source: CanEquity.com)
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