Drudge Put Her On Blast, But Richardson Fights On!
While South Bay politician Laura Richardson says the foreclosure on her Sacramento house was due to a miscommunication, the congresswoman has also defaulted on properties in Long Beach and San Pedro, records show.
Clearly the mortgage crisis facing the nation is affecting more than just the average Joe.
Dropping Home Prices Worse In 20 Years
Richardson, who represents Long Beach, Carson and other areas of Southern California with a sizeable African American community, was able to bring her payments up to date on the Long Beach home relatively quickly, but the San Pedro property lingered in the foreclosure process for almost eight months, and still has a pending auction date.
The Long Beach Press Telegram has all the details.
While South Bay politician Laura Richardson says the foreclosure on her Sacramento house was due to a miscommunication, the congresswoman has also defaulted on properties in Long Beach and San Pedro, records show.
Clearly the mortgage crisis facing the nation is affecting more than just the average Joe.
Dropping Home Prices Worse In 20 Years
Richardson, who represents Long Beach, Carson and other areas of Southern California with a sizeable African American community, was able to bring her payments up to date on the Long Beach home relatively quickly, but the San Pedro property lingered in the foreclosure process for almost eight months, and still has a pending auction date.
The Long Beach Press Telegram has all the details.