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 does a lien get released? Verify that the failed bank was placed into FDIC receivership through the FDIC website. If you purchase a vehicle with a lien, the lien must be paid or lienholder permission obtained before you can transfer the title into your name. These are the official forms for use in Surrogate's Court proceedings. Information about asking advice from DMV;.