Missouri Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage

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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

Missouri Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage is a legal document filed by a borrower to request the court's intervention in compelling a mortgagee (lender) to fulfill their obligation of executing and recording a satisfaction and discharge of mortgage. This complaint is typically used in cases where the mortgagee has been non-responsive or unwilling to release the mortgage lien on the borrower's property, even after the mortgage has been paid off in full. Keywords: Missouri, Complaint, Compel, Mortgagee, Execute, Record, Satisfaction, Discharge, Mortgage Different types of Missouri Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage may include: 1. Standard Missouri Complaint to Compel Mortgagee: This is the most common type of complaint used when a borrower encounters difficulties in obtaining the necessary release of their mortgage lien. It highlights the applicable laws and regulations governing mortgages in Missouri and argues for the mortgagee's obligation to execute and record the satisfaction and discharge of the mortgage. 2. Missouri Complaint to Compel Mortgagee in Case of Non-Response: In specific instances where the mortgagee has failed to respond to the borrower's requests for satisfaction and discharge of the mortgage, this type of complaint emphasizes the mortgagee's lack of communication or cooperation, making a stronger case for court intervention. 3. Missouri Complaint to Compel Mortgagee for Delayed Execution and Recording: If the mortgagee acknowledges the borrower's request but fails to promptly execute and record the satisfaction and discharge of the mortgage, this complaint puts emphasis on the unwarranted delays caused by the mortgagee, highlighting the negative impact it has on the borrower's financial situation. 4. Missouri Complaint to Compel Mortgagee for Wrongful Denial: In rare cases where the mortgagee wrongfully denies the borrower's request for satisfaction and discharge of the mortgage, this type of complaint showcases the flawed reasoning behind the denial and argues for the borrower's right to have the mortgage lien released. In conclusion, a Missouri Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage is a vital legal instrument through which a borrower seeks the court's assistance in ensuring the mortgagee fulfills their obligation to release the mortgage lien. Understanding the specific type of complaint suited to the borrower's situation is crucial, as it helps build a strong argument and increases the chances of a successful outcome.

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A deed of release literally releases the parties to a deal from previous obligations, such as payments under the term of a mortgage because the loan has been paid off. The lender holds the title to real property until the mortgage's terms have been satisfied when a deed of release is commonly entered into.

Once a Deed of Trust is paid off (or refinanced), the lender is required to record a Deed of Release referencing the specific document number of the Deed of Trust being shown as paid.

Types of Deeds Quit claim deeds are common in divorces when one spouse grants his or her rights in real estate from the marriage over to the other spouse. A warranty transfers ownership and explicitly promises the buyer that the seller has good title to the property.

If you do not have an email address, you may call the Consumer Protection Hotline at 1-800-392-8222 to file your complaint by phone. Did you lose money as a result of this transaction? (The following 4 questions are required if money was loss as a result of this transaction.) Where/How did you make this purchase?

What is a Mortgage Release? A mortgage release, also referred to as ?deed in lieu of foreclosure? (DIL), is when a homeowner relinquishes the ownership of their property voluntarily to the owner of the mortgage, often a bank or lender, in exchange for a release from the mortgage and all future mortgage payments.

A deed of release is usually issued once a mortgage or other type of debt, previously secured against the asset, has been paid in full. After the deed of release is written, the asset is owned free and clear by the owner, and any previous claims against the asset that the lender may have had are dissolved.

To file a complaint against a Nationally Chartered Bank such as Bank of America, US Bank, Wells Fargo, UMB Bank or Fifth Third Bank, click here: .helpwithmybank.gov or call 800-613-6743. The Office of the Comptroller of the Currency is the primary regulator for nationally chartered banks.

If you would like to file a complaint regarding fraud or deception, click or call 800-392-8222. In addition to investigating unfair and deceptive business practices, the Attorney General has authority to initiate both civil and criminal prosecutions against wrongdoers.

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Be sure to print a copy for your records. We will review the facts in the complaint form and determine if there is a violation of Missouri law. How to fill out Satisfaction Mortgage Form? · Make use of the Preview function and look at the form description (if available) to ensure that it is the right ...by EE Bohl · 2005 — Traditionally, the borrower cleared its title by having the lender execute and record a document evidencing satisfaction of the debt or, in a few states, by ... Fill out my online form. Topics for Consumers. Consumers Home · File a complaint against a bank, mortgage broker or lender · Debt Collection · Fair Credit ... by RW Freyermuth · 2007 · Cited by 11 — But while such a mortgage lien is no longer legally effective, its extinguished status does not appear automatically on the public records. Until the mortgage ... May 9, 2018 — Chapter 183, Section 55 requires the lender to discharge the mortgage within 45 days of receipt of full payment of the loan by (i) recording an ... by AM White · 2012 · Cited by 63 — I conclude by outlining options for reforming the mortgage loan transfer system, including the use of a single document merging the note and mortgage, and a ... Dec 9, 2002 — Applicability. This act shall apply to every mortgage on real property in this Commonwealth which has not been satisfied prior to the effective ... 235.39 is required before a conveyance is entitled to be recorded. (2) No mortgage or other alienation by a married man of his homestead, exempt by law from ... The court noted that the release or satisfaction of a mortgage presumptively ... execute and record a satisfaction thereof. Collateral real estate mortgages ...

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Missouri Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage