What would say are the number of active mortgage note investors?

[Ray Trounday]

I am curious as to the number of active mortgage note investors in the note space.

[Chris Seveney]

@Dan Deppen I would call BS on this with a stipulation For me active investors are individual investors (not hedge funds) and buy 10+ notes per year. People buying 1-3 notes per year I don’t consider active. I would say based on my qualifications it’s under 2,500 and maybe even under 1,000.