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Jorge P. Newbery is Founder and CEO of American Homeowner Preservation LLC, which crowdfunds the purchase of nonperforming mortgages from banks at big discounts, then shares the discounts with struggling homeowners. A 2004 natural disaster triggered the financial collapse of Newbery’s former business, leaving him with $26 million in debts he could not pay. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. Today, Jorge will discuss how to use crowdsourced funds to purchase past due loans at a discount as well as provide insight into what financing looks like in the single family space and how the housing market has been affected by Covid-19!
Anton Mattli
CEO of PEAK Financing
anton@peakfinancing.com
Jorge Newberry
Founder and CEO
American Homeowner Preservation LLC
info@ahpservicing.com
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