To obtain an assignment of lien on Homes, Buildings, Improved or
Unimproved Land, Mechanic's Liens please provide us with the following required
document(s):
-
A copy of the Mortgage or Deed of Trust
Document that you are requesting to be assigned. The copy must be readable
and clearly show the recording information. This document can be
obtained from the Public Records in the County where the property is
located or from your title company or title attorney.
-
Copies of any subsequent assignments that show the chain
of title leading to an FDIC receivership.
-
Proof that the party to whom the assignment is being
made is the current holder of the mortgage. Proof can be in the form of
a Note Endorsement, Loan History, Sales Contract or Indemnification
Agreement.
Please remember that FDIC can only accept a release request when the
lienholder is a Bank or Savings and Loan Institution that failed and
has been placed in FDIC receivership, OR a Subsidiary of a Failed Bank
or
Savings and Loan. If you're not sure, please call the DRR Customer
Service Center toll-free at 888-206-4662 (Dallas, TX) or for the western states
877-875-4744 (Irvine, CA).
If the lienholder of record is not a Bank or Savings and Loan
that failed and has been placed in FDIC receivership, please provide
copies of any and all assignments that show the chain of title
leading to an FDIC receivership.
It is highly suggested you also provide the
following documents, if available:
-
A copy of a recent Title Search or Title
Commitment, or Attorney's Title Opinion on the property for
which you are requesting an assignment showing the breaks in the chain
of title. This is especially helpful in cases where the Mortgage
documents are of poor quality and hard to read. Your Title Company or
Title Attorney can usually provide you with this.
Where to send your request
-
A request for a Release of Lien must be made
in writing.
-
You can mail your request to:
FDIC
1601 Bryan Street
Dallas TX 75201
Attention: DRR Customer Service Center
Or for the western states
FDIC
40 Pacifica
Irvine, CA 92618
Attention: DRR Customer Service Center
-
OR it can be faxed to
703-812-1082 (Dallas, TX) or for the western
states 703-465-4320 (Irvine, CA)
-
We ask that you either fax your request OR
mail it in. Please do
not do both. Hard to
read documents should be mailed or sent overnight, rather than
faxed. Unreadable documents cannot be processed.
Be sure to include your address and phone number with
your written request.
Because of the large volume of release requests we get,
it may take up to 30 business days to obtain an assignment so you may want to plan accordingly.
If you have any questions you may call DRR Customer
Service toll-free at 888-206-4662 (Dallas, TX) or for the western states 877-875-4744 (Irvine, CA) between the hours of 8:00 am
and 5:00 pm Central Standard Time, Monday
through Friday (except Holidays). A Customer Service Representative will
be happy to answer your questions, OR check out our Frequently
Asked Questions.
Back to How
To Obtain a Lien Release
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