Obtaining a Lien Release from a Closed or Failed Bank. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership.The lienholder must print the letter on the official letterhead of the loan company, and an authorized officer must sign the letter. I am looking for help in obtaining a lien release letter or letter of noninterest for an older vehicle I purchased. Call the Federal Deposit Insurance Corporation's (FDIC) lien release number at (888) 206-4662 (toll free) or visit the Closed Banks and Asset Sales section. How can I obtain a lien release if I lost or damaged my title? Verify that the failed bank was placed into FDIC receivership through the FDIC website. How does a lien get released? When I refinance, what is the lien release process? Please allow up to 10 business days for the lien release, after the vehicle loan is paid in full.