The Daily Briefing

CONGRESSWOMAN LAURA RICHARDSON GETS HER HOUSE BACK?

Theo DouglasTue. June 10
 

Yes, it appears to be true.

You remember the Sacramento house which now-Rep. Laura Richardson (D-Long Beach) purchased during her brief time last year as a state assemblywoman–after she left Long Beach City Council and before she ran and was elected to United States Congress last year?

And you remember how Richardson stopped paying her mortgage on that house–and also her property taxes, to the tune of nearly $9,000?

And how the bank holding Richardson’s paper, Washington Mutual, foreclosed, and the house was resold at an auction May 7 for $388,000 to one James York of Red Rock Mortgage?

Well, as the Daily Breeze’s Gene Maddaus reports this morning in the Press-Telegram, WaMu–possibly the cuddliest of the giant moneylenders after Nix Check Cashing–is having seller’s remorse, and filed papers June 2 to “rescind the sale.” Apparently, this little kitty has some sharp claws after all.

In layman’s terms, which we speak quite well, this seems to mean that the Congresswoman gets her house back. (But wait–didn’t she stop making the payments on it? Yes. Yes, she did. Doesn’t this sound like preferential treatment? Yes. Yes, it does.)

York, naturally, is not pleased. (If it’d been us, we would have had matching carpet and drapes by now–and by that we mean: carpet and drapes. Geez!)

The house’s new owner “said he would file a lawsuit against Richardson and her lender, Washington Mutual, by the end of the week, and has every intention of keeping the house,” Maddaus reports.

“I’m just amazed they’ve done this,” York told Maddaus. “They never would have done this for anybody else.” Oh really?

“In a statement,” Maddaus writes, “[WaMu] spokeswoman Sara Gaugl said the company is ‘committed to treating all of our customers with the same level of consideration and fairness.’ “ Well, it’s about time.

Maybe now, after also missing payments on her two other properties in Long Beach and San Pedro, stiffing her printer for some fliers, and not paying the guys who worked on her BMW (and then finally paying the printer and the mechanics when the newspapers found out)–maybe things are finally coming up Laura Richardson.

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  • John
    Before randy "hypocrite" whoredon would undertake that mission, he'd need to first determine if, by doing so, he could raise (make) money for his unions political slush fund.
    Oh I'm sorry that's right he's only worried about our city and his beloved Long Beach schoolchildren.
  • D.Peeve
    If I were Richardson, I'd get Randy Gordon to launch a recall, call me a disgrace, bad example to children, worst elected official in LB history, the works.

    Job Security City, baby!
  • Cris
    Can someone please give me some information on a congressional ethics committee I can write to to have them investigate this activity. I'm sure if she's stiffed this many people for money, there is alot more she's done we need to look at. How is it she can come up with the money now? I'm sure graft and corruption is rampant in her circles. i wonder how many influence peddlers shes indebted to now? How can this woman look after our money when she can't handle her own.
  • Roy
    Great Job electing her....................She is just a Ghetto chick
  • The worst part is that York renovated the house and Richardson will receive an upgraded property if she gets it back.
  • Cris
    Shame on Laura Richardson for using her status as a congresswoman to gain preferential treatment with regards to her foreclosed house in Sacramento. Yet again it shows how the political elite can shrug their responsibilities. I know people who have lost their property to foreclosure. They aren't getting their property back and neither should she. She may as well take advantage of it now because I'm going to tell everyone I know about this to make sure she cannot avail herself of these "Perks" after the next election.
  • Dave in Alamitos Beach
    Oh man, at this point, someone really needs to alert the powers that be. It's one thing to be a deadbeat, but it's another to use your political influence to force, er influence, a bank to cancel a perfectly legal sale. I'm shocked that WaMu would enter into those waters, and really amazed that Richardson would think this would improve the situation. I'm a lifelong Democrat, but the Republican party and the DA and the FEC should be jumping all over this.
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