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Federal, Provincial and Municipal Partners Recognize National Housing Day

This is a discussion on Federal, Provincial and Municipal Partners Recognize National Housing Day within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; OTTAWA, Ontario, November 21, 2008 ? The Government of Canada, the Government of Ontario and the City of Ottawa, recognized ...


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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 11-24-2008, 10:51 PM
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Default Federal, Provincial and Municipal Partners Recognize National Housing Day

OTTAWA, Ontario, November 21, 2008 ? The Government of Canada, the Government of Ontario and the City of Ottawa, recognized National Housing Day today by announcing support for nine affordable housing projects in Ottawa which will create more than 352 new affordable rental units with over $19.5million in funding under the Canada ? Ontario Affordable Housing Program.Ed Komarnicki, ?

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(Source: CanEquity.com)
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