Man sentenced in mortgage fraud scheme

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Posted: 12/03/2012

OWINGS MILLS, Md. (WMAR) -  

An Owings Mills man will spend the next 25 years in prison for his role in the defrauding of Maryland homeowners in a mortgage scheme. 
 
Rodney Getlan, 45, was sentenced today to 35 years in prison with 10 years suspended, followed by 5 years of probation for nine counts of mortgage fraud. He also agreed to pay $121,876 in restitution. 
 
Getlan pleaded guilty earlier this year to the fraud. An investigation lead officers to him in March for the defrauding of 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." 

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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