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Home values firmed up again in the second quarter of 2024. See what's been happening to home values in your metro area with HSH.com's Home Value Tracker.

Home values firmed up again in the second quarter of 2024. See what's been happening to home values in your metro area with HSH.com's Home Value Tracker.

A failed bank holds a lien. How to proceed?

Q: I’m trying to buy an older park model trailer. The title shows a lien from an Arizona state bank that no longer exists. How do I get this title cleared?

A: Most likely you'll need find out who now holds the assets of the former bank; most (although not all) will likely have passed to a new bank at some point. Alternately, the FDIC may still be holding the assets. You should first check at FDIC.gov to see if a bank-to-bank or bank-to-FDIC transaction occurred, then contact whichever institution from there.

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Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
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