Located in Texas. Aegis Wholesale Corporation filed bankruptcy in 2007. I have been unable to find any contact for them.

Located in Texas. Aegis Wholesale Corporation filed bankruptcy in 2007. I have been unable to find any contact for them.

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Customer: Located in Texas. Aegis Wholesale Corporation filed bankruptcy in 2007. I have been unable to find any contact for them. They have an expired lien (Countrywide, then Bank of America services my loan) on my home. I'm trying to clear the lien so I can be paid royalty payments for mineral, oil and gas. How do I clear this lien?
Answered by Marcy in 2 mins 13 years ago
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Marcy
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Specialities include: Real Estate Law, Landlord and Tenant Law, Foreclosure, HOA, Trespassing, Contracts

Hello. What was the lien for? Is it still valid?
Customer
the initial mortgage loan on the home. Then countrywide home loans took over, then countrywide was purchased by bank of america. I assume bank of america has the lein now

Hello again. You have to have Bank of America sign the subordination of lien agreement if that is the case. Because the Aegis mortgage loan was assigned, Aegis has no further interest in the property or the lien (even if they were still around, that would be the case). The language describing your current mortgage instrument in the subordination agreement should explain / encompass the original mortgage from Aegis -- something like this --- " Bank of America, as successor in interest to Countrywide Home Loans, as successor in interest to Aegis Wholesale Corporation".

 

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