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Question of the Day


Today's Question

How can I get my name off his mortgage?

A few years back my brother had my name added to his mortgage for inheritance purposes. I never signed any papers with the mortgage company, nor did they ever contact me. Now he wants to remove my name, but they won't unless he does an "assumption" for several hundred dollars.

I have phoned and written to the company requesting my name be removed, to no avail. What can I do now?

You'll need to determine just how your name was added to your brother's mortgage without your consent or signature. He should have copies of all the documentation he signed at closing, and you are going to need copies of it. How your name was added will determine the specific legal remedy.

Before you hire anyone or spend any money, you may wish to contact the state banking department in your state (and perhaps the attorney general's office) to see what avenues are available to you at no cost.

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