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Can your mortgage company release a lien of your property voluntarily

Posted on: 28th Dec, 2010 07:25 am
i have difficulty with my mortgage for quite some time, due to being caregiver for my father and taking care of him and his business affairs ruin me financially, i file bankruptcy, now discharged, i still had problems with my mortgage payments

i called the mortgage company to give the house back, they in turn tell me, that they are releasing the lien to my home, and consider it as a christmas gift, this mortgage company has been sued for fraud misdeeds, i was told they are releasing over 1,000 liens on properties,

can they do this, and if this is true is the home mine free and clear as the representative told me

they are sending the release of lein to my county recorder, i was told to call them and make sure they have recorded it as being released get a copy of the release and i will own my propert to do with what i want to do with it.

HAVE YOU EVER HEARD OF THIS SORT OF THING HAPPENING
Hi natali!

Welcome to forums!

The county recorder won't provide you with a lien release certificate. You will have to contact your lender in order to get a lien release certificate. However, you can contact the county recorder's office in order to find out if there is a lien on your property.

Feel free to ask if you've further queries.

Sussane
Posted on: 19th Jan, 2011 10:26 pm
This has been a peculiar string, but it's gratifying if the truth of the matter is that this lender has released all those mortgages.
Posted on: 22nd Jan, 2011 08:41 am
What company is this that released those liens? How do I get a lien released if I submitted my notice of right to cancel within the 3 day period and the lender refused to cancel? I'm in North Carolina.
Posted on: 28th Jan, 2011 06:33 am
tony, what was the transaction you were involved in - a refinance? it would certainly seem like that since only a primary residence being refinanced would call for rescission rights.

did your old mortgage get paid in full with this new loan? don't look for a release of the mortgage any time soon, but you might get somewhere by looking to whatever governing agency this company is supervised by. if they did rescission wrong, there could be a windfall waiting for you.
Posted on: 28th Jan, 2011 01:01 pm
The mortgage on my home was released acidently.I have not heard from this loan servicer in over a year.I imagine they the investor is not to happy! Its too bad I have no money,lost everything in the housing crisis,lost over 700 k.
Posted on: 06th Feb, 2011 07:06 pm
Gary you may be broke, but it appears you still own your home without a mortgage. Isn't that kind of favorable?
Posted on: 08th Feb, 2011 11:39 am
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