Saturday, August 02, 2008

Private Lender Apologizes For Panicking Property Owners With Erroneous Delinquent Tax Foreclosure Letter

In Witchita Falls, Texas, the Times Record News reports:
  • A Wichita Falls mortgage company said a clerical error caused 20 letters to be sent to Montague County property owners indicating their homes would soon be sold on the courthouse steps for back taxes. It also offered to make tax lien loans so recipients could get up to date on taxes and avoid interest and penalties.

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  • [Montague County Tax Assessor-Collector Syd] Nowell started to get calls from panicked property owners last week. Compared to the tax records, the letter appeared to contain falsehoods about the tax auction and that the names of properties slated for foreclosure were “issued by the law firm that represents the local tax authorities.”

According to the story, the company owner explained that “A direct mail merge caused the wrong letter to be mailed to the wrong people.”

For more, see Mortgage company issues apology (Clerical error cited for tax lien letters).