On May 7, 2008, Representative Laura Richardson’s Sacramento home was sold into foreclosure. On May 29, 2008, Washington Mutual, Representative Richardson’s lender, rescinded the foreclosure sale. Immediately following the rescission, James York, the individual who had purchased the home and had begun making improvements to it, publicly accused the Congresswoman of receiving preferential treatment from her lender. Further, Representative Richardson did not disclose her mortgage liability on her 2007 financial disclosure form filed in May 2008, or in two subsequent amendments filed to her financial disclosure form in June 2008.
In the course of its review, the OCE learned that neighbors of Representative Richardson provided professional yard-care services to the Representative’s Sacramento property for which they were not reimbursed.
Representative Richardson’s conduct may have violated gift and financial disclosure rules.