Legal Question in Real Estate Law in Texas
Liability of mortgage co-signer
Can I have my name removed from a mortgage I cosigned at the time of my divorce, ten years ago? My ex-wife never fully assumed it or refinanced, has been delinquent with payments, and is now adversely affecting my credit rating.
Asked on 6/30/09, 1:40 am
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Liability of mortgage co-signer
Not without the lender's consent and after 30+ years in the business, I have never seen a lender give up some of its security.
Answered on 6/30/09, 4:43 pm