text: Why would anyone create such a list?  The note holders would have to be the ones to create such a list, why would they do that?  Now, for real estate notes, the act of recording the mortgage lists the original note holder, but it is common that the actual note holder is not the one listed in the public record.  The credit bureaus will sell that public record information, but it will not be accurate.\n\nThe reason is this.  Imagine that GMAC Mortgage makes a loan to someone.  The record will show the owner as GMAC Mortgage.  However they will then participate the note out to others.  The contract may or may not be recorded in the public record.  Further, if it is held for a trust indenture, none of the actual holders will ever be known except in the case of a bankruptcy of the indenture trustee.\n\nFinally, for private issuers, your ability to assess the quality of the note will be negligable.  You should treat such notes as junk quality as they were not able to get ordinary underwriting.