Does Foreclosure Due to One Parties' Default on Loan Impact Credit of Co-Owner?

  • Thread starter Thread starter tahirahaw
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tahirahaw

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Husband has a re-fi on a house he and wife own together. The re-fi is in husband's name alone. If the re-fi bank forecloses on the property due to husband's non payment, will this adversely impact wife's credit as joint owner on the foreclosed property?
 
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