twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

subscribe to free Mortgage Daily email newsletter

Mortgage Fraud News | Fraud Statistics | Fraud Index | Fraud Blog
Mortgage broker, originator and banker criminal cases. Real estate flipping and appraisal fraud. Mortgage fraud prevention, studies and analysis.

P R E S S   R E L E A S E


Dec. 3, 2012

Mortgage Fraud Schemer Sentenced
Getlan sentenced to 35 years for defrauding Maryland homeowners

BALTIMORE, MD (December 3, 2012) Rodney Getlan, age 45, of Owings Mills, was sentenced today by Judge Ballou-Watts to 35 years of incarceration with 10 years suspended, followed by 5 years of probation for nine counts of mortgage fraud. As of today, he agreed to $121,876 in restitution.

Getlan pleaded guilty earlier this year to nine counts of mortgage fraud. An investigation by the Maryland Department of Labor, Licensing & Regulation's (DLLR) Office of the Commissioner of Financial Regulation and the Baltimore County Police Department lead to Getlan's arrest in March for defrauding homeowners of considerable upfront fees for mortgage modifications and stealing their monthly mortgage payments.

"The 35 year sentence is a victory for Maryland consumers," said Maryland Labor, Licensing & Regulation Secretary Leonard Howie. "Commissioner Mark Kaufman and the entire Office of the Commissioner of Financial Regulation work tirelessly to protect our most vulnerable neighbors from predatory practices. I am proud of the efforts of the Office of Financial Regulation in this case and want to thank the Baltimore County State's Attorney's Office and the Baltimore County Police Department for their partnership in this successful criminal prosecution."

"The sentencing in this case underscores our commitment to protecting Maryland homeowners and sends a message that these types of scams, which prey on our most vulnerable citizens, will not be tolerated," said Mark Kaufman, Commissioner of the Office of Financial Regulation.

The investigation into Getlan's activities involved Investigator A. Thomas Koehler of the Office of the Commissioner of Financial Regulation and Detective Dave Donnelly of the Baltimore County Police Department's Financial Crimes Unit. In addition, Erin McCarthy Naylor, Director of Mortgage Fraud for the Office of the Commissioner of Financial Regulation, and Assistant State's Attorney Adam Lippe, Chief of the Economic Crimes Unit, have partnered in the investigation and prosecution of this complex case. Ms. Naylor was sworn in as a Special Assistant State's Attorney to assist in the prosecution. She joined the Office of the Commissioner of Financial Regulation in 2011 through a Department of Justice Grant and is responsible for creating and implementing a mortgage fraud outreach program as well as leading efforts to enhance criminal prosecution statewide.

The Department of Labor, Licensing and Regulation protects and empowers Marylanders by safeguarding workers, protecting consumers, providing a safety net and cultivating a thriving workforce that can meet the demands of Maryland's dynamic economy. Follow DLLR on Twitter (@MD_DLLR) and Facebook.

Source: Maryland Department of Labor, Licensing and Regulation

mortgage fraud case stories

mortgage fraud headlines

mortgage fraud blog

Mortgage Daily headlines

Local Mortgage Fraud news
News about local mortgage fraud.

Logout forgot

Mortgage Fraud Statistics
Government and private data on volume of mortgage fraud activity.

Mortgage Fraud Index
Dollar and index amount by quarter and state.

Mortgage Fraud Litigation
Lawsuits and settlements invoving mortgage fraud by a lender insider. From 2007 through first-quarter 2013

Mortgage Fraud News
News stories about fraud committed against home lenders.

Mortgage Fraud Blog
Actions in mortgage fraud criminal and civil cases.

local mortgage fraud

mortgage fraud links

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

sales blog

secondary marketing

social media

servicing news

subprime news

wholesale lenders

wireless mortgage news