Filed under: News
Lori Macakanja, a former housing counselor in Dunkirk, N.Y., pleaded guilty this week to mail fraud and theft of government money meant for modifying delinquent mortgages.
Some 136 clients of her company, HomeFront Inc., gave Macakanja a combined $ 300,000 for promised modifications. She used the money for her own use, including gambling trips. She also used $ 4,000 worth of Troubled Asset Relief Program grants to the Buffalo Urban Renewal Agency to pay her own mortgage.
Read the full story at HousingWire.
Also see:
HAMP Helping Fewer and Fewer Homeowners
Mortgage Rates Hit All-Time Low
%Gallery-135308%
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Finds homes for rent in your area.