AP on Rep. Richardson: Delinquent on $8,950 in taxes

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

The Associated Press tonight reports more details on the tangled personal finances of Rep. Laura Richardson and the Sacramento home she purchased in 2007. Richardson earlier today denied a published report that she had lost the home to foreclosure.

Highlights of the AP report: In addition to having trouble paying her mortgage, Richardson, a Democrat from Long Beach, fell behind on utility payments and taxes: ‘Records on file at the Sacramento County Tax Collector’s Office also show Richardson is delinquent in paying $8,950 in property taxes,’ the AP reported.

The AP also reports that, according to public records, Richardson’s house was in fact sold at a public auction: ‘The county records show the property was sold to a company called Red Rock Mortgage Inc. of Sacramento for $388,000, although no listing could be found for the company. That sale was officially recorded on Monday, according to the records. ... The Sacramento County Assessor’s Office continues to list Richardson as the owner, even though the May 19 document on file at the Recorder’s Office states that Red Rock Mortgage bought the home at public auction.’

Richardson, in a statement tonight, said the house ‘is not in foreclosure and has not been seized by the bank.’ She further said she had worked with her lender on a loan modification, but did not name the lender.

Her office has not responded to requests from L.A. Land for details about the original mortgage and the terms of the loan modification.

Your thoughts? Comments? E-mail story tips to peter.viles@latimes.com