Re: On mobile home title, but not on loan?
01-05-2011 05:23 PM
When the loan was transferred it was not transferred with my signature. Does that make sense? The mobile home needs to be registered like a vehicle and I am on that title only not on their loan docs. She is the only one paying, or better yet, not paying it. Someone please let me know if I am wrong and has gone through this same or similar problem. I think they are in the wrong here.
Lenders transfer / sell their credit portfolio every day. They virtually never need your approval or even knowledge when they do so.
If you signed the original mortgage documents / promissory note, until such time as she has refinanced in her own name you are obligated, end of story.