Legal Question in Consumer Law in California

Automotive "Straw" Purchase

I live in California and my friend also lives in CA. He had bad credit and could not get a car loan so he asked if I could get the loan in my name and he would pay the loan so I said sure because I didn't know it was wrong I just figured people do that alot. Well the vehicle I purchased was from a Bank and they gave me a loan for it, I still had no idea that this was wrong because the loan lady who gave me the loan knew that I was purchasing it for my friend and not myself. Well after about a year my friend started to miss payments which resulted in the vehicle being repossessed. I went to the bank with my friend to pay late payments and get the vehicle back. But that bank says that I broke the contract because the vehicle had not been my possession but in the possession of my friend, which the Banker stated was considered a Straw Purchase so they were not going to let me get the vehicle back. Now I have a repo on my credit report even though the banker doing the loan papers in the beginning knew what was happening. So is there anyway I can get this Repo off my Credit Report?

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