In this episode of the Paper Trail podcast, Chris discusses themes related to note investing with a focus on foreclosure trends. With 10 years of experience in mortgage notes and 25 years in real estate, Chris provides insights into the state of the foreclosure market post-COVID, contrasting it with the 2008 financial crisis.

Key topics include foreclosure statistics from 2006 to 2025, varying foreclosure timelines by state, and the impacts of economic factors such as taxes, insurance, and interest rates on foreclosure trends.

The episode also delves into how these trends affect note investors, emphasizing the opportunities in the growing non-performing mortgage note space.

00:00 Introduction to the Paper Trail Podcast

00:40 Diving into Foreclosure Trends

02:00 Historical Foreclosure Data Analysis

06:45 State-Specific Foreclosure Insights

11:37 Metro Area Foreclosure Hotspots

15:18 Foreclosure Timelines and Challenges

22:07 Future Market Predictions and Opportunities

24:45 Conclusion and Call to Action

In this episode of the Paper Trail podcast, Chris 70 delves into the intricacies of title insurance, emphasizing its significance for mortgage note investors.

Chris discusses the roles of owner's policies and lender's policies, presents real-life case studies of title claims, and highlights the pitfalls of neglecting title insurance.

He also shares insights from Marco Bario's valuable article on the subject, stressing the growing importance of due diligence amid increasing fraud in the industry.

Chris wraps up by providing tips on assessing title policies when acquiring notes and underscores the necessity of title insurance for every originator.

00:00 Introduction to the Paper Trail

00:41 Today's Topic: Title Insurance

00:55 Insights from Marco Bario

03:00 The Importance of Title Insurance

05:24 Understanding Title Insurance Policies

09:25 Common Title Insurance Issues

13:27 Case Studies and Real-Life Examples

18:45 Final Thoughts and Recommendations

24:30 Conclusion and Farewell

In this episode of the Paper Trail Podcast, host Chris Seveney delves into the common mistakes investors make when bidding on note investments.

He breaks down a top 10 list of these errors, highlighting the complexities of foreclosure processes, especially in non-judicial states.

Chris provides valuable examples and insights, stressing the importance of thorough due diligence, understanding potential delays, and realistic financial modeling.

The episode is a must-listen for both active and passive investors looking to deepen their understanding of the mortgage note investment space.

00:00 Introduction to Note Investing

01:01 Top 10 Mistakes in Bidding on Assets

02:39 Case Study: Borrower A vs. Borrower B

04:11 Challenges in Foreclosure and Bankruptcy

09:17 Real-Life Examples and Investor Pitfalls

20:03 Understanding Non-Judicial vs. Judicial States

21:24 Conclusion and Resources