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Help how do I find out what bank owns this property?
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Help how do I find out what bank owns this property?

I am unable to find the bank that actually owns this property. I took this off of public records, and every person I have tried calling from the Grantor to the Grantee, has been a dead end. If anyone has information regarding how I can get in touch with the bank that owns this property I would greatly appreciate it.

Please note, I did call the record of Deeds office, and the lady on the phone stated the bank that owned the property was not listed in the records (strange huh). Ieven tried the law firm listed below, and they stated they are not working on this case aganist the house, they are trying to get in touch with Ms. Werner for another property she stopped paying on.


Instrument: R2009027165 Old Doc Ref No: Book/Page:
Recorded: 3/9/2009 8:34:47 AM Consideration: $ Pages: 1
Document Type: Mortgage Assignments Comments:
Document Date: 2/16/2009
Grantor: FCDB 8020 REO LLC
SPECIALIZED LOAN SERVICING LLC - ATTORNEY IN FACT

Grantee: FCDB SNPWL REO LLC
WERNER CYNTHIA - THIRD PARTY


Legal Description: Lot/Unit: 8, PTLT, Sub: ARROWHEAD SOUTH TOWNHOMES U1, TwnNotes: D162 R97-72385 30-36-11
PrpId: 16-05-30-402-035-0000 (GIS) (Assessor)
AddrNo: 16106, Str1: GOLFVIEW DRIVE, City: LOCKPORT, State: IL, Zip: 60441
Cross Reference: Bkwd R 2007060046 (MTG)
Sent To: DUTTON & DUTTON
10325 W LINCOLN HWY
FRANKFORT, IL 60423
Mar 18 2009 11:31AM


    




Ed Atun
Rating
This loan was sold as part of a securitization. It might be owned by 10 banks. Each bank owns one "slice" of the loan.
Most of these loans can be tracked to a company called MERS. They handle most of these securities. Wall Street Journal had an article about them last week (free at the library).
There are 2 keys to finding the noteholder. One is that REO appears after Grantee. So it has been foreclosed. And the instrument mentioned in your facts is a Mortgage Assignment. You need to have the recorder hand you that document... the assignment. You would have to do this in person. There is always a computer on the front desk for them to help customers at the Recorders Office.





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