Latest blog entries

Check Out Bluzink Magazine - alternative thought for intelligent adults

richard@homepreservationnetwork.com (Richard Zombeck) — Tue, 07 May 2013 14:46:51 -0400

We have a new on-line magazine to cover stories, events, and happenings beyond the foreclosure crisis. We’ve collected more writers and are more able to offer regular content to readers. We’ve of course expanded our topics to other areas.

Our purpose is simple: provide content that is informative, entertaining, and honest.

With a shared respect for information and the media, the contributors to bluZink come from a variety of backgrounds and disciplines, including an innate ability to communicate and to provoke thought.

Check out www.bluzink.com

And be sure to friend us on facebook as well

It's Business as Usual When it Comes to Foreclosure

richard@homepreservationnetwork.com (Richard Zombeck) — Thu, 02 May 2013 00:48:26 -0400

Five years after the near complete financial meltdown of the economy in this country, resulting in millions of people losing their homes nothing has really changed. Despite the billions of dollars in settlement fees the banks have shelled out, bad press, and loss of trust, it’s pretty much business as usual. Actually it’s more blatant and brazen than ever.

Remember HAMP? What about HAMP 2.0? The mortgage modification programs the administration paraded out as a way to save millions of homeowners from foreclosure? The same program that Tim Geithner, during a congressional hearing, flippantly admitted in 2009 was never meant to help homeowners, but more a way to alleviate the stress of too many foreclosures coming in at once.

A Worker Bee and a Wanna-be

richard@homepreservationnetwork.com (Richard Zombeck) — Sat, 30 Mar 2013 11:02:53 -0400

John Wright over at Piggy Bank Blog has had an on-going fervent argument with a particularly obnoxious individual who goes by the name "Hut Master." Over the past week James Aitken (that's his real name) has taken to email and Facebook to throw unfounded accusations John's way, calling him a shill and going into apparent frothy, drunken rants on various blog comments and Facebook, according to Wright.

In his latest post, he writes:

Goldman Sachs’ Lobbyist Hires Former Nude Centerfold Turned U.S. Senator

steve@mfi-miami.com (Steve Dibert) — Thu, 14 Mar 2013 19:52:39 -0400

Yes, it’s true. Scott Brown, the man Forbes magazine called Wall Street’s favorite congressman has new job as legal counsel for international law firm and high power lobbyist Nixon Peabody.

Scott Brown posing nude for Cosmo in the early 1980s.

In the three years, Scott Brown was in the U.S. Senate, bankers and Wall Street types credit him helping the GOP water down the Dodd-Frank Act and then working to defeat it after taking hundreds of thousands of dollars in campaign cash from Wall Street insiders who opposed the passage of the bill.

JPMorgan Chase Gone Wild: The Reckless Management of Jamie Dimon

steve@mfi-miami.com (Steve Dibert) — Thu, 14 Mar 2013 19:52:39 -0400

JPMorgan Chase Gone Wild: The Reckless Management of Jamie Dimon

Graham Fisher & Co. has released a new report on JP Morgan Chase. Here’s their introduction, and the report is attached below:

“On Friday, the Senate Permanent Subcommittee on Investigations will release the final report on the losses associated with failures of internal controls in JPM’s CIO group. We expect that the findings will demonstrate significant failures of senior management and conclude that the Company’s own investigation was incomplete. It is important to remember that those losses, while the largest and most notable, are only one example of many such failures in recent years.”