I live in PA. and have the original loan agreement marked settled from mortgagee. Now they do not wanting the release deed. I have sent them a Notice to Record.
I would just like to add that you said the you have said the mortgage was "settled." I am not sure what this means. Usually a mortgage that has been paid in full is said to be "satisfied." Assuming that the mortgage has been "satisfied" (paid off in full), then there are relatively new statutes in Pennsylvania which provide a mortgagor requesting a satisfaction must (1) make the request in writing; (2) make the request in the form prescribed in the statute; (3) send the written request to the mortgagee by certified or registered mail, return receipt requested; and (4) give the mortgagee sixty days to file the mortgage satisfaction. The new law allows a settlement officer (meaning a title insurance company representative or a licensed attorney) to record a mortgage satisfaction under certain circumstances. Under this new provision, if the mortgagee of a residential mortgage does not file a satisfaction within ninety days after being fully paid, a settlement officer may send the mortgagee a Notice of Intent to Record Settlement Officer Satisfaction Within Sixty Days. Within sixty days of delivery of that notice, the mortgagee must either record the satisfaction or send a response detailing why the mortgage should not be satisfied. If the mortgagee fails to do so, then the settlement officer may file a Settlement Officer Satisfaction in the form provided in the statute. The statute may be found in Title 21.
You have a lawyer send a demand letter and if they do not respond then sue.
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