FDIC Lien Release

Obtaining a Release of Lien

You are ready to sell your home or trade in your vehicle but you've been told you have to obtain a "Release of Lien" first. Normally, you would go back to the bank or Savings and Loan and ask them to prepare a release for you. But, where do you go if the bank or Savings and Loan has failed?

The FDIC may be able to provide you with a Release of Lien on your home, vehicle, boat or other personal property if:

The lien holder is a Bank or Savings and Loan Institution that failed and has been placed in FDIC receivership. Also, in some cases, if the lien holder is 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. Or ask Allie Mae for advice.
The loan was paid off before the Institution failed.
The loan was paid off to the FDIC after the Institution failed.

A request for a Release of Lien must be made in writing and must detail exactly what you want.

You can mail your request to: FDIC, 1910 Pacific Ave, Dallas TX 75201 Attention: DRR Customer Service Center/Inwood or it can be faxed to 703-812-1082.
Customer Service Lien Release Request Inquiry.


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