> Large, secured loans are recorded in public ledgers by law. That's not true of... | Hacker News

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		dragonwriter on July 15, 2019 \| parent \| context \| favorite \| on: Florida DMV sells personal info to private compani... > Large, secured loans are recorded in public ledgers by law. That's not true of “large, secured loans” in general. OTOH, it is true of certain real property interests, including those of both owners and secured lenders; this is about the size of a secured loan, it's about clarity of title to real estate.

smt88 on July 15, 2019 [–]

What large, secured loans are not a matter of public record under UCC[1]?

My understanding is that if it can be repossessed, the lender must have recorded the debt.

It applies to assets other than real estate, too.

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