Mortgage Scammer Gets 20 Years

Mortgage scammer in Martin County, Florida gets 20 years, while his wife gets 10. Rodney McGill duped straw buyers into signing falsified documents. It seems like there is enough blame to go around to everyone, and unfortunately, this guy is small potatoes compared to what some of the big boys got away with.

If the State of Florida or the Federal Government really wanted to go after mortgage fraud, they could start at the top with executives of Countrywide, Wachovia, Bank of America, as well as the home builders that owned mortgage companies. Sadly, the big boys get to enjoy their mansions and yachts, while little punks like Rodney make headlines.

If we put a handful of executives away for 20 years, I'd think the rest of them would line up to make a plea deal. Let's start with Hank Paulson.

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