[Sactor]

Update:

I called the executive line (only to be told for the 3rd time in 3 days to call back since their systems were down) but I convinced the person to patch me through to someone else. I got "PAT" who, when I indicated that all I wanted was to remove my spouse from the loan due to a divorce INCLUDING liability (i.e. not just name) she said this can be done, without other modification.

She advised that this was in fact possible and told me I would need to:

write a letter to the Correspondence Department indicating the Loan number, the last 4 digits of my social and then provide the following:

1) Copy of the Divorce Decree (judgment)
2) Copy of the deed recorded indicating the ex spouse's name removed

3) Copy of the Home ownership insurance showing that the ex spouse's name was also removed
and then send the letter, items request to 1- 800 - 805 - 5019 Correspondence Department


She confirmed that this would release the liability as well as removing the name (ie not a simple assumption)


So this sounds like good news but I have a bit of a worry that to do this the transfer through either a quit deed or inter spousal transfer deed would need to be recorded meaning that each of us would no longer have ownership of the other home but potentially still end up with Liability for the mortgage if this somehow does not work.

Comments gladly welcomed