Rep. Laura Richardson (D-Long Beach) of Sacramento, Calif., defaulted on her mortgage payments and her South Bay home was sold in a recent foreclosure auction, according to the Daily Breeze.

It’s actually the third property of hers to fall behind on bank payments — Richardson is also in jeopardy of losing real estate in Long Beach and San Pedro. She seems to have saved the Long Beach home from foreclosure; however the San Pedro residence is eight months past due and an auction date is already scheduled.

In addition to the various mortgage defaults, Richardson also failed to make almost $9,000 in payments for real estate taxes.

Here’s what she had to say about the mess:

“I should have moved forward in an earlier fashion. I acknowledge that. I intend never to conduct business in that fashion again…. I have financial obligations, and I will fulfill those financial obligations. – There will be no debts to the state of California…. I am not financially wealthy. I am not a millionaire. – Based upon what I was going through, changing four jobs in less than one year, I think any American would understand what that does in terms of a person’s financial stability.”

According to the report, Richardson makes an annual salary of $169,300 as a member of Congress. And as a member of the Assembly, she earned about $116,000 in addition to a per diem for living expenses in Sacramento.