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In this educational program, the speaker discusses the complexities of cash, personal property, and collateral in real estate secured transactions. He highlights the distinct treatment of these assets compared to real property collateral, which often falls under different legal rules. The speaker notes a significant interplay between personal and real property remedies in his working regions, contrasting this with the less integrated approach in the Midwest and East Coast, where laws can be perceived as confusing. The goal of the session is to clarify how these elements interact and to present options for addressing the intricacies of these legal frameworks.