<prompt> Human: My parents are buying a house, but are overseas and cannot appear on the closing date which they are loathe to change. The title company is refusing to allow them to sign the closing documents from another country.They therefore want me to sign the paperwork on their behalf. However, the mortgage lender has said that because of freddie mac fannie mae regulations, for this transaction a power of attorney is only valid for closing docs if that party is also present on the title. Essentially, at least one of the buyers needs to be present.The solution Im feeling pressured into is to appear on the contract to buysell real estate, and therefore the title, in order to facilitate the home purchase. I would then be removed from the title at a later date through a quitclaim deed.However, Im concerned that this would not be as simple as is being implied, and that the either or both the home purchase and subsequent relinquishment would represent a taxable transaction for me. Or that my credit rating might otherwise be negatively affected. Am I overreacting to a relatively inconsequential transaction? Or is it worth inviting the wrath of my family to avoid a potentially significant financial pitfall?Thanks!UPDATE: Called the lender based on your comments and I have these updates: lender said I would not be placed on the note or Mortgage obligation. House is in Colorado, which is not a community property state. They are also using Freddie Mac, not Fannie Mae although Im not sure why they would differ.UPDATE 2: apparently Freddie Mac only allows power of attorney under hardship, which this lender interprets as something that would prevent foreclosure on the property. A different mortgage lender said that was unreasonable. So our path forward appears to be to get a representative from Freddie Mac to agree that a POA is acceptable in this case.UPDATE 3: Mortgage lender called Freddie Mac and is now OK to allow the POA. He claims they had to make an exception, but Im not convinced he didnt just get the rule wrong.  <response>: However, the mortgage lender has said that because of freddie mac fannie mae regulations, for this transaction a power of attorney is only valid for closing docs if that party is also present on the title.Thats bullshit.Tell the mortgage lender to figure it out or youll take your parents business elsewhere. 