Posted by River City on May 07, 2008 at 08:10:36:
In Reply to: That sounds like fraud. posted by Rich-CA on May 06, 2008 at 12:59:45:
Rich is correct. It does sound like fraud. However, if your husband had a power of attorney, it had to be specific to that particular property. FHA, VA, FNMA, & FHLMC require specific powers of attorney for purchases of property. His signature would also indicate that he had signed your name via a POA.
Were you given copies of the closing papers at the closing? Most closing agents give their customers copies of everything that was signed. Hopefully you kept those copies and you can look to verify if your signature is on any of them. If not, you should find out what happened.
HOWEVER, as I said before, signing a mortgage has nothing to do with the obligation on the Note. The only persons responsible for repaying the loan are those that signed the Note.
- Financial POA Rich-CA 10:06:41 05/07/08 (0)