Email us for help
Loading...
Premium support
Log Out
Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.
Crowdfunding has been around for a while, as early as 2003. In the early days, musicians and filmmakers were the main forces driving the industry. However, recent years have shown it to be a truly viable source for funding creative and business projects alike. Past campaigns have raised millions of dollars for everything from a smartwatch to video and board games, movies and now the acquisition of non-performing loans.
Joining the podcast to discuss crowdfunding in the NPL space is Jorge Newbery, Founder and CEO of American Homeowner Preservation LLC or AHP. AHP utilizes Regulation A+ to crowdfund the purchase of nonperforming mortgages then provides sustainable solutions to struggling homeowners.
AHP's current 2015A+ fund has acquired over 2,500 first mortgages with principal balances of over $138 Million in less than 20 months; over 800 investors have supported this effort with as little as $100.
