Jorge P. Newbery is on a mission to help Americans crushed by unaffordable debts
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 business, leaving him with $26 million in debts he could not pay. He authored Burn Zones: Playing Life's Bad Hands, in which he chronicled his rise and fall, and Debt Cleanse: How To Settler Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All) to help others crushed by unaffordable debts. He speaks regularly on debt, housing, and finance.