AHP SERVICING Unveils New $50 Million Regulation A Offering
For $100, an investor can help save a homeowner from foreclosure
CHICAGO, Nov. 7, 2018 /PRNewswire/ -- AHP SERVICING, a specialty servicer of past due residential mortgages, announced today it has launched a new $50 million Regulation A (Reg A) Offering to foster its mission of helping homeowners keep their homes out of foreclosure.
AHP SERVICING uses crowdsourced funds to purchase past due loans at a discount, working with financial institutions to purchase loans that have fallen behind in payments but have the potential to be restructured or settled. It then works with homeowners to stay in their homes or resolve their debt at a discount.
"With this Offering, AHP SERVICING empowers socially responsible investors to help financially strapped borrowers and homeowners retain their properties while offering investors a competitive preferred rate of return," said DeAnn O'Donovan, President and CEO of AHP SERVICING. "We're flipping the switch on the traditional loan servicing model so that ROI is judged not just by dollars, but also by sense. We create a purpose in addition to creating a profit."
AHP SERVICING's sister company, American Homeowner Preservation (AHP), was the nation's first crowdfunded distressed mortgage offering. It has a 10-year success story of socially responsible investing and keeping financially distressed homeowners in their homes. AHP SERVICING combines all necessary functions in the mortgage servicing process brought together under one roof, under stricter controls.
AHP SERVICING's Reg A Offering accepts investments of as little as $100. The Offering returns up to 10% annually distributed in monthly dividend payments to investors, provided that the investment stays within the offering for at least two years. If funds are withdrawn earlier than two years, returns will be lower. AHP SERVICING endeavors to return the principal investment within five years of the investment. To date, AHP's prior offerings have not missed a monthly distribution. Returns are not guaranteed.
"Our Offering diversifies investor returns into an asset class that is not correlated to the stock market," O'Donovan noted. "What's more, our Offering is available to both accredited and non-accredited investors. We offer best efforts liquidity and seek to deliver monthly distributions with annual preferred returns up to 10%."
O'Donovan noted that AHP SERVICING is actively seeking socially responsible investors who are looking for investments that make real differences in people's lives.
"We welcome the opportunity to connect with socially conscious investment advisors, their clients and foundations to invest in the Offering. Together, their inputs and contributions will help fulfill our mission while delivering a return that really matters."
ABOUT AHP SERVICING (www.ahpservicing.com)
AHP SERVICING is transforming the loan servicing process. In addition to servicing loans for third parties, it invests in and services non-performing loans that have the potential to be restructured or settled rather than being written off. It delivers the technology needed to track and manage these loans, and trained client advocates help borrowers maintain a momentum that keeps payments on track.
CONTACT
Michael Shmarak
312.919.9222
SOURCE AHP SERVICING
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