Philippine Deposit Insurance Corporation

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    Date: 2022-09-28 16:05:24.733260

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    Date: 2022-09-29 09:46:00.050755

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Status of Mortgage annotated under the OCT No. RP-4383(30033) with Entry No. 25675 - Mortgage (NRDB)

Requested from PDIC by K. Zamudio at 04:05 PM on Sep 28, 2022.
Purpose: For the processing of cancellation of mortgage as required by the ROD (Registrar of Deeds).
Date of Coverage: 03/24/1981 - 04/28/2022
Tracking no: #PDIC-160693293642

Zamudio 04:05 PM, Sep 28, 2022

Good afternoon. 

I would like to inquire on the status of mortgage annotated under the Original Certificate of Title No. RP-4383(30033) with Entry No. 25675 - Mortgage (NRDB).

The above-mentioned mortgage was entered with NAGA REGIONAL DEVELOPMENT BANK however the said financial institution stop its operation since year 1990. 

This inquiry is for the purpose of clearing the records of the said title. As to the knowledge of the heirs of the late Mr. Fullante, the encumbrances under the said title were already settled prior to the closing of the above-mentioned financial institution (NRDB).

De Leon 09:46 AM, Sep 29, 2022

September 29, 2022

Dear Karen Zamudio,

Greetings!

Thank you for your request dated Sep 28, 2022 04:05:24 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Status of Mortgage annotated under the OCT No. RP-4383(30033) with Entry No. 25675 - Mortgage (NRDB).

Response to Request

Please be informed that the Naga Regional Development Bank (NRDB) is not a closed bank. On 10 February 1995, it was renamed to Teachers Development Bank, Inc. and was later acquired by the Philippine Veterans Bank on 26 October 1998.

In this regard, you may opt to coordinate your concern with the Philippine Veterans Bank at telephone number (02) 8902-1787. Their head office address is at Philippine Veterans Bldg., 101 Dela Rosa St. cor. V. A. Rufino St., Legaspi Village, Brgy. San Lorenzo, City of Makati.

Thank you.

Respectfully,

Joan De Leon
FOI Receiving Officer

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