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
Chris Seveney, CEO & Co-founder of 7e Investments, brings over 25 years of real estate know-how. His journey with 7e started in 2016 when he jumped into acquiring and trading mortgage notes. Chris has built a portfolio of 500+ notes, totaling over $25 million, spanning different states. Before diving into mortgage notes, he had a standout career, managing a multimillion-dollar asset portfolio and overseeing property projects worth $150 million. Throughout his 25-year journey, Chris handled $750 million in new construction projects.
At 7e, Chris is a beacon of real estate excellence, known for his commitment to honesty and professionalism. His passion and determination make him a trusted leader, earning respect from partners and colleagues. Since the beginning of his career, Chris aimed to set industry standards and foster innovation. His leadership led to multiple award-winning teams, recognized for outstanding contributions to the field. Outside work, Chris, a father and avid Boston sports fan, adds a personal touch to his journey.
