American Homeowner Preservation (AHP) Fund

[Mark S.]

I stumbled across the American Homeowner Preservation (AHP) Fund ad on a podcast.  Upon going to their website and researching further, it appears it's a hedge fund that buys discounted mortgages and supposedly tries to let homeowner's stay in their homes (and obviously make a profit) in doing so.  This is now open to non-accredited investors (as well as accredited) for as little as $100.  They keep any profits above 12% and it appears they charge about a 2% fee plus a couple other nonsense items (based on my very brief skimming through some info).  Anyone familiar with AHP?  Thoughts?

[Chris Seveney]

Quote from @Akash Gaur:

Quote from @Mark Ruda:

Thanks Mark. I'm an in-the-dark investor who has been unable to get an email address updated despite emails through the siteand a coupleof actual phone conversations. I'll try to reach out directly as we can't share email addresses and phone numbers here.

Glad to hear this might wrap up in 2025. At this point, it's worth taking pennies on the dollar so I can close a self-directed IRA.

Take all their updates with the all mighty pinch of salt and as an e-mail campaign to raise money for the lawyers they have hired. Every penny raised for litigation support further dilutes any redemption chances for the original investors

 IF you have a PACER account all of these cases are in federal courts so you can easily see the status of what is going on as there are multiple suits filed in multiple jurisdictions.