Mason & Mason is regularly retained by the existing lender when a borrower is refinancing or selling a co-op unit. We prepare the UCC termination, arrange for and act as escrow agent for the stock and lease, attend the closing and collect and transmit pay-off funds to the lender.

At present Mason & Mason, P.C. represents the following lenders for these transactions:

Indy Mac Bank, FSB
Washington Mutual Bank, FA
Aurora Loan Services
aka Lehman Brothers Bank FSB