Mortgage Lender Erroneously Sends Out 9,000 Default Notices To Customers

In Clarksville, Tennessee, WSMV-TV Channel 4 reports:

• [A] computer glitch was cited as what caused thousands of certified letters to be sent out alerting US Bank mortgage holders that they were late on their payments and that if it wasn’t current in 30 days, the bank would be inspecting their properties for foreclosure and public sale. [...] US Bank issued a statement that said the accidental mailings stemmed from a computer error and were limited to a group of customers in Tennessee.

For more, see 9,000 Mistakenly Warned Of Mortgage Default (Bank Says Computer Glitch Led To Error).