House Exchange Possible?

[David Jackson]

So a lady is having issues with her credit and is unable to get a new loan. She is the owner of her current SFH along with another person (friend). That friend helped her get approved with his credit 8 years ago and now he wants his name off the property. She has always been on time with her mortgage. The friend does not want to deal with profits and or taxes. He says, he's worried because of her he would have to pay taxes.

What options does she have? Can she sell and buy a new property? Can you guys shed some light so i can help her out of this trouble.