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Congresswoman Richardson defaulted on 3 CA properties

As we covered a few days back, Congresswoman Richardson’s spared foreclosure on her Sacramento home by a serendipitous loan modification made waves when the first report suggested that her home had gone in to default. Richardson denied the home went in to foreclosure and she was generally given the benefit of the doubt by this blog and others. Foolish us, when did we ever begin trusting the words from the lips of politicians?

Original Source: feeds.feedburner.com/typepad


  25 May, 2008| housingblogs | @ 2:58

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