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Canada triples mortgage purchasesThis is a discussion on Canada triples mortgage purchases within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The Canadian Government will triple the amount of insured bmortgages/b it will buy from banks as The Canadian Government will ... |
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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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11-12-2008, 11:50 PM
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Canada triples mortgage purchases
The Canadian Government will triple the amount of insured bmortgages/b it will buy from banks as The Canadian Government will triple the amount of insured bmortgages/b it will buy from banks as part of measures it announced yesterday to b.../b
More... (Source: Google Blog Search) 
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