Bank: error led to (Republican U.S. Rep. Marsha) Blackburn's home foreclosure

[sabra]

Source: AP

BRENTWOOD, Tenn. (AP) — A bank's mistake caused a Tennessee congresswoman's home to enter foreclosure.

Bank officials say Republican U.S. Rep. Marsha Blackburn's home was placed into foreclosure proceedings because of a processing error.

GreenBank spokesman Bill Adams said in a letter dated Thursday that Blackburn's husband had authorized several electronic mortgage payments for the suburban Nashville home, but that the bank failed to send the money to Countrywide Financial. Adams says the Greeneville-based bank is working with Countrywide to resolve the issue.

Blackburn was sworn into her fourth term in Congress this week. Her district spans from suburban Memphis to Clarksville.

Read more: http://www.google.com/hostednews/ap/article/ALeqM5jzYMTj-x8XURUuvpiLYFxmra4JLgD95JN3981

[Oceansaway]

1. sad but funny...considering it's her...n/t

[bluestateguy]

2. Marsha, Marsha, Marsha! (Congress' dumbest sorority girl)

Sorry, but she just reminds me of those pretentious, snobby Southern sorority girls I remember from college.

[zbdent]

3. riiiiiiiiiiiiiiiiiiiight ...

hmm ... a disguised campaign contribution end-around ...

[baldguy]

4. And if she had been a regular homeowner, how would this have ended?

[gratuitous]

5. With her on the street

And both the bank and Countrywide denying that anything untoward had happened.

[slackmaster]

7. I think I would have figured out the problem much sooner

I actually go to Countrywide's Web site every month to verify that the money got there. If it ever didn't, I'd be all over Wells Fargo "like ugly on a ape".

[slackmaster]

6. As a former banker I have to say I am not surprised

In the words of the Gipper, "Trust, but verify."

[ReadTomPaine]

9. That phrase was actually popularized by Damon Runyon early in the 20th century..

Reagan was just doing a cut and paste of other people's ideas, a hallmark of his intellectual style.

[Joanne98]

8. LOL