Unveiling the Mortgage Note Investing History
Mortgage Note Investing History dates back decades, but it has only recently gained widespread attention among individual investors. Understanding how this investment strategy evolved helps us see why it has become such a reliable alternative to traditional real estate or stock market investments. From institutional banks to today’s growing number of private investors, mortgage note investing has grown into a respected wealth-building strategy. The Early Days of Mortgage Notes In the early 20th century, mortgage notes were mostly managed and traded by banks and large financial institutions. These notes were legal agreements between lenders and borrowers, securing loans with real property. At that time, individuals rarely had direct access to these investments. During the 1970s and 1980s, as the secondary mortgage market expanded, mortgage-backed securities became more common. These securities bundled many mortgage notes into tradable investment packages. However, individual note ...