loading..

Media

"if you buy a mortgage and approach the homeowner with good will and a genuine desire to find a reasonable solution, it’s amazing how often something mutually beneficial can be worked out. Indeed, a company called American Homeowner Preservation is doing just that: it’s set up a hedge fund devoted to buying pools of defaulted mortgages and keeping the homeowners in their homes, and it is making good money doing so. All it takes, really, is a little bit of compassion and an ability to be inventive — rather than following exactly the same script every time."

Read More >>

"Jorge Newbery, of American Homeowner Preservation, tried his own version of the plan, which involved negotiating short-sales with individual banks and giving homeowners the option to rebuy their homes. When banks refused to cooperate, he moved on to Plan B, which involves buying up pools of distressed mortgages himself, and then working them out with himself as the mortgage holder. That has been so successful and profitable that he’s setting up a socially-responsible hedge fund designed to do these workouts at scale."

Read More >>

"American Homeowner Preservation over the years had evolved into a sort of socially conscious hedge fund. Jorge is relentless, probably steeled in part by his athletic competitiveness, and has continued to press the case for American Homeowner Preservation's vision, and, along the way his work has caught the attention of major bloggers like Arianna Huffington, Felix Salmon and Martin Andelman. American Homeowner Preservation is hoping to demonstrate that they have better ideas to ameliorating the foreclosure disaster"

Read More >>

"...you have American Homeowner Preservation using private investor money to buy up mortgage pools and give the borrowers the solutions they need, not the ones that maximize profits for the company...it's an exciting development, and it shows you can do well and do good at the same time. Frankly, it's what the government did with the Home Owners Loan Corporation in the 1930s, and what they should be doing today."

Read More >>

"AHP now buys broken loans from banks and then goes to the borrowers to offer a repair."

Read More >>

"It would be great to see that cleverness on a national scale -- and quickly -- because it's clear that the foreclosure crisis and the misery it brings won't be ending any time soon."

Read More >>

"a truly win-win-win operation"

Read More >>

"The strong returns are a result of the discounts negotiated with lenders which sell their loans coupled with AHP’s formula to achieve prompt, consensual solutions with borrowers."

Read More >>

"Helping a struggling homeowner can pay off...American Homeowner Preservation program acquires distressed loans, stabilizes communities, and provides monthly returns to its investors."

Read More >>

“They’re a lot more flexible than a bank,” said Ragusa, 48, who ran into financial trouble after losing his job in collections for a cable company in 2007. “They can work with you because they’re a private company and they can basically set their own rules.”

Read More >>

"One tool that Newbery is using to reduce the number of foreclosures is crowdfunding. His company creates distressed mortgage investment opportunities and then reaches out to a larger pool of investors in search of a good match. By transitioning to a crowdfunding model, the company has been able to lower the financial barrier of entry for investors and secure more funds."

Read More >>

“The way you have it [AHP] structured, in my opinion, is going to do nothing but continue to cash flow at higher rates of return as interest rates move higher and mortgage rates move higher. You’re sitting in the catbird seat. I want to applaud you on a brilliant idea. “

Read More >>

"Profit + Purpose: American Homeowner Preservation Proves That Socially Responsible Investing Can Yield a Healthy Return"

Read More >>

Team bios can be found here: About us

Feel free to reach us with questions at info@ahpinvest.com

Press Logos

Media

Large   |   Medium  |   Small

Media

Large   |   Medium  |   Small