In October 2005, Edwards joined the Wall Street investment firm Fortress Investment Group as a senior adviser and consultant, a position for which a close aide reported he received an annual salary of $500,000. Fortress owned a major stake in Green Tree Servicing LLC, which rose to prominence in the 1990s selling subprime loans to mobile-home owners and now services subprime loans originated by others, but in an interview Edwards said he was unaware of this. Subprime loans allow buyers with poor credit histories to be funded, but they charge higher rates because of the risk, and sometimes carry hidden fees and increased charges over time. In August 2007, "The Wall Street Journal" reported that a portion of the Edwards family's assets were invested in Fortress Investment Group, which had, in turn, invested a portion of its assets in subprime mortgage lenders, some of which had foreclosed on the homes of Hurricane Katrina victims. Upon learning of Fortress's investments, Edwards divested funds and stated that he would try to help the affected families. Edwards later helped set up an ACORN-administered "Louisiana Home Rescue Fund" seeded with $100,000, much of it from his pocket, to provide loans and grants to the families who were foreclosed on by Fortress-owned lenders.