In finance, a loan is a debt provided by one entity (organization or individual) to another entity at an interest rate, and evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
Financial Post CMHC stops offering mortgage insurance to condo developersFinancial PostTORONTO — Canada's federal housing agency will no longer offer mortgage insurance for condo constru...CMHC stops offering mortgage insurance to condo developers - Financial Post
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