"A lot of defaulted mortgages need to be restructured, but this is a classic distressed investing opportunity, " Persky says.

FORBES: Magazine Article

Koza's approach is a mix of contrarian value and distressed investing--not unlike that of billionaires David Tepper and Andrew Beal.

FORBES: The Forbes 400

Yep, it looks like the FORBES billionaire who made his billions off distressed investing is now giving back to those in serious distress.

FORBES: Phil Falcone Donates Expensive Mobile Services for Neediest