Thursday, July 30, 2009
Rep. Richardson "Mortgage" Ethicis Problems
This is another teachable moment for the American people when Congresswomen Laura Richardson bought a beautiful home in the Curtis Park neighborhood in Sacramento, California. Rep. Richardson already owned two houses one in her Long Beach District and the other in San Pedro. Rep. Richardson has defaulted six times on both homes. The Office Of Ethics has interviewed an investor who bought the house in foreclosure last year, as well as neighbors. The city declared the home a public nuisance. Rep. Richardson rundown Sacramento house has become, the scrooge of the neighborhood and a sore point with a investor thought he had bought it out of foreclosure, has drawn interest from the House Ethics Panel. The Office Congressional Ethics contacted real estate investor James York who bought Richardson house at foreclosure last year, only to have Washington Mutual take it back after he recorded the deed and returned the house to the Congresswoman. The office also has interviewed at least two of the Long Beach Democrat's Sacramento Neighbors, asking about there effort and there expenses to tidy up the front and backyards of Richardson two-story house. the city declared the house a public nuisance or on occasion and blighted on another. Leo Wise staff director and and chief counsel of the ethics office, said it's policy was neither to confirm or deny investigations. The House member are notified when their activities are reviewed. The Sacramento house went into foreclosure in early 2008. Richardson owed about $9,000 in property taxes. York bought the house for $388,000 and recorded the deed. He sent a crew and started remodeling the house, to the joy of neighbors. Carlson said he spent about $160 sending her gardener to mow Richardson's overgrown lawn several times and to have neighborhood children rake the leaves. This so-called investigation shows the arrogance of our elected Representatives who believe they are above the law. There had to be a special under the table deal between Washington Mutual and Rep. Richardson so, that she could keep her home.
Labels:
Congress,
Mortgage crisis,
News,
Rep. Laura Richarson
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