• Font Size    
E-mail

Close Window E-mail This Page

Rep. Richardson: Foreclosure Of Home 'Improper'

Required fields are marked with an asterisk(*)

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

   Print     Share +   
May 23, 2008 10:42 pm US/Pacific

Rep. Richardson: Foreclosure Of Home 'Improper'

WASHINGTON (AP) ― California Congresswoman Laura Richardson claims the foreclosure auction of her Sacramento house was improper and contrary to a written agreement she had with her lender.

In a lengthy interview with The Associated Press on Friday, the Southern California Democrat struck back against several days of negative publicity over reports she defaulted on her mortgage. Her house was sold at auction earlier this month.

Richardson said that sale never should have happened and that she has renegotiated her loan to pay it off.

She insisted that she is not getting special terms because she's a congresswoman.

In fact, Richardson said the experience has allowed her to relate to the thousands of other Americans -- including many in her Los Angeles-area district -- confronted with foreclosures. She even wants to testify before Congress about it.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.

Los Angeles News

Top News Stories

© MMIX, CBS Broadcasting Inc. All Rights Reserved.