Once the request has been entered through the Community Portal at you will receive a screen notification of yourĪssigned case number and then an acknowledgement email containing the case number.īecause of the large volume of requests received at the FDIC, it typically takes up to 20 business days to process a request once all required documentation has been provided by the requestor. Questions? What can I expect and when can I expect a response? Depending on the State in which you live, you may have to go to the Department of Housing and Community Affairs, Department of Motor Vehicles, Department of Public Safety, or the local Tax Office for this printout The copy must be legible and clearly show: Proof of PayoffĪ copy of the Title or Non-Negotiable Title for the Mobile Home that you are requesting to be released. If the boat is classified as an "Ocean Vessel" you will have to obtain a title report from the Coast Guard and provide it to us. Please note that a registration certificate is not the same as a title report and is not acceptable. Depending on the State in which you live, you may have to go to the Department of Parks and Wildlife, Department of Motor Vehicles, Department of Public Safety, or the local Tax Office for this printout and This printout is sometimes called an Inquiry If the Title or Non-Negotiable Title has been lost or is unavailable, you will have to request a printout from the State containing the title information, and provide it to us. Title or Non-Negotiable Title or Inquiry ReportĪ copy of the Title or Non-Negotiable Title for the craft that you are requesting to be released. The FDIC will not accept a copy of the borrower's credit report as proof of payoff.ġ. This should greatly reduce theĪmount of research time and expedite our handling of your request. Proof of Payoff may include such things as a copy of a "PAID" Note, copies of payment checks, or any other documentation that would indicate payment. Depending on the State in which you live, you may have to go to the Department of Motor Vehicles, Department of Public Safety, or the local Tax Office for this printout and there Inquiry Report, Title Report or a TWIX (Texas only). This printout is sometimes called a Vehicle Title or Non-Negotiable Title or Vehicle Inquiry Report, Title Report or a TWIX (Texas only)Ī copy of the Title or Non-Negotiable Title for the vehicle that you are requesting to be released. Proof can be in the form of a Note Endorsement or Purchase and Sale Contract.ġ. Proof that the party to whom the assignment is being made is the subsequent holder of the lien. Note Endorsement or Purchase and Sale Contract Your Title Company or Title Attorney can usually provide you with this document. This is especially helpful in cases where the Mortgageĭocuments are of poor quality or difficult to read. Title Search, Title Commitment, or Attorney's Title OpinionĪ copy of a recent Title Search, Title Commitment or Attorney's Title Opinion on the property for which you are requesting an assignment that documents the break in the chain of title. Recorded copies of any subsequent assignments that reflect the chain of title leading to the FDIC receivership. This document can be obtained from the Public Records The copy must be legible and clearly show the recording information. The FDIC will not accept a copy of the borrower’s credit report as proof of payoff.Ī recorded copy of the Mortgage or Deed of Trust document for which you are requesting an assignment. ![]() Greatly reduce the amount of research time and expedite our handling of your request. ![]() Proof of Payoff may include such things as a copy of a "PAID" Note, a Settlement Statement, copies of payment checks, or any other documentation that would indicate payment. This is especially helpful in cases where the Mortgage documents are of poor quality or difficult to Title Search, Title Commitment, or Attorney's Title OpinionĪ copy of a recent Title Search or Title Commitment or Attorney's Title Opinion on the property for which you are requesting a release. Recorded copies of any and all assignments that reflect the chain of title leading to the FDIC Receivership. In the County where the property is located or from your title company or title attorney. ![]() A recorded copy of the Mortgage or Deed of Trust Document for which you are requesting a release.
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