Richardson Has History of Defaults

May 28, 2008

Rep. Laura Richardson, whose housing woes have been national news for the past week, defaulted a total of eight times on three properties since 2004, a thorough review of county records indicates.

Records show she has defaulted five times on her primary residence in Long Beach – including three in the last year, as she diverted her private resources into her campaign for Congress.

Richardson’s housing troubles are more extensive than previously reported and include two defaults from 2004, when she was a Long Beach city councilwoman.

Read more: (Gene Maddaus, “Rep. Has a History of Defaults,” Press-Telegram, 5/28/08)