Personal Finance Newsletter (11/27/2009)

Dear 1ClickMoney.com Readers,

Welcome to the Personal Finance Newsletter (11/27/2009). In this edition we have included news, articles and videos. You can find more resources on our website: 1ClickMoney.com.

Personal Finance News

Judge wipes out couple’s mortgage after bank’s ‘repulsive’ behaviour
A New York judge was so angry with a bank’s “harsh, repugnant, shocking and repulsive” behaviour towards a financially struggling couple that he wiped out their $525,000 mortgage. (More)

Home ownership costs on the rise
New home construction rose by a seasonally adjusted an annual rate of 157,300 units in October, up from 149,300 in the previous month, according to Canada Mortgage and Housing Corporation. (More)

BNP Paribas, Deutsche Bank sue Bank of America
The two sued for breach of contract. Deutsche Bank said Bank of America failed to secure $1.25 billion in cash and mortgage loans on its behalf. (More)

Startups play matchmaker to challenge mutual funds (AP)
AP – If you’re unhappy with your mutual fund, you can easily find another. After all, there are nearly 8,000 to choose from. (More)

Idaho joins fight against foreclosure fraud (AP)
AP – Idaho Attorney General Lawrence Wasden is teaming with federal regulators and 26 other states to get tough on foreclosure rescue fraud. (More)

Personal Finance Articles

Online Loan Approval – Securing an Online Personal Loan is Easy If You Know How
A loan is a type of debt, although most people in the United States and in most nations of the West prefer to call it credit. Online loans are the most popular kinds of credit that there are in the entire world today because they are that much easier to apply for and to obtain. There are about as many types of online loans as there are regular kinds of loans… (More)

Pension – a historical view
The thought of collecting pension when you become older, and no longer can support yourself and your family through a regular job, seems very familiar and obvious to us westerners. However, these thou… (More)

How Do I Pick the Right Personal Loans?
It can be quite overwhelming as you begin to consider the different personal loan options at your disposal. The best way to start is to consider your options and learn as much as you can about each one. The more you learn about them the more you understand and you can then make an informed decision. (More)

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