Start by confirming who the current bank of record is, as
many banks have been acquired by others. The acquiring bank can usually provide
a Letter of No Interest with the home’s serial number.
If the bank is truly closed and not acquired, contact the
FDIC at (888) 206-4662 for proof the institution is permanently closed.
Please note:
- A branch does not mean the bank is out of
business, so attempts to contact closed branches are not accepted.
- “Attempts to contact” may be acceptable for
private individuals or trusts, but not for banks.
Often, if you provide title documents showing the lien, the
bank can help issue a Letter of No Interest.