7th District congresswoman Marsha Blackburn, who represents portions of Shelby County and last fall was among the stoutest opponents of any federal bailouts related to the housing industry crisis, saw her own home listed for foreclosure this week, but apparently will avert any further jeopardy.
As reported in The Williamson Herald, Blackburns home in Brentwood, called Up Yonder, was the subject of a foreclosure notice posted Thursday and was listed for sale on January 29 on the steps of the Williamson County Judicial Building.
Blackburns office responded late Thursday by producing a letter from Bill Adams, a spokesperson for the congresswomans home bank, saying, "It has come to my attention that several electronic payments authorized by (Chuck Blackburn) were not processed by Green Bank as requested, though sufficient funds were in the bank to cover those payments. GreenBank has taken the necessary steps with Countrywide Mortgage to ensure that the issue is resolved and the property on Murray Lane is not in foreclosure.
Mr. Blackburn has always handled his banking affairs at GreenBank in an acceptable manner and is considered an excellent customer."
According to the Herald, the mortgage was placed on the property by Countrywide Home Loans in September 2004 and was a 10-year note.