Refinancing

Former Congressman Jesse Jackson Jr. leaves the federal courthouse in Washington, D.C., after pleading guilty to misusing $750,000 in campaign funds on personal purchases. (Photo by Win McNamee/Getty Images)

Jackson Jr. To Refinance Home To Pay $550K Owed To Feds

A federal court filing indicates Jackson is closing on a home refinancing and will pay $550,000 through a wire transfer to U.S. Marshals by June 1. The court filing indicates that Jackson had already written a check to the feds for $200,000 last year.

05/16/2014

File Photo Of Foreclosure Sign (AP Photo)

Survive This Economy: Refinancing Your Home Loan

A recent survey reveals that nearly a third of Chicago area homeowners are still underwater – meaning they owe more money on their mortgage than their home is worth. CBS 2’s Dorothy Tucker reports, even if you don’t have equity in your home, there is help available if you want to refinance your home loan.

CBS 2–08/21/2012