Quit deed for loan modification

i bought a home about 3 years ago with my then fiance who left the home about a year ago. i have applied for a loan modification and i am getting the traditional run around from the mortgage company that you read and hear about daily. the home is now going through the forclosure process while the modification is still under 'review'. i have been told that i need to obtain a quit claim deed to get my fiance off the loan since i am requesting the modification for myself. my question is, if i obtain the quit claim deed and subsequently denied the modification, does that mean that the mortgage company can then come after me and not both of us if they go through with the foreclosure?