Jesse Jackson Jr. will modify mortgage to pay feds $550K

Former congressman Jesse Jackson Jr. plans to repay the government money he stole from his campaign funds, by refinancing the mortgage on one of his two homes.

Newly filed court documents show Jackson is in the process of finishing the paperwork, and will pay the money before June 1.

It’s not clear if he’s refinancing his home in Chicago or in Washington.

Jackson still owes $550,000 of the $750,000 he was fined.

He is also serving a 30-month prison sentence.

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