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The origin of mortgages.

Added: Aug 02, 2017
Category: Understanding Mortages by Laird Scott

The Mortgage Loan Agreement

The most financially onerous document that most of us will have to sign in our lives is a mortgage loan to finance the acquisition of a home.  Yet, how many of us understand how this document has evolved over the years since it first came into being in Europe in the Middle Ages?

In England upon which Ontario law is based, the first bank was established in 1694.  In Scotland, upon which Quebec law is more loosely based, the firs...

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