Following a story MHProNews last posted Aug. 7, 2014 regarding the sentencing of Marina McCuen for her role in a scheme that defrauded the government of millions of dollars by selling manufactured and modular homes to consumers whose credit information was altered, a second defendant, Roger Dean Bailey, Jr. was sentenced to 30 months in prison. A former sales manager for Homes America in Hudson, North Carolina, Bailey supplied false information about consumers’ finances to lenders and misrepresented financing terms to customers. Involved with the origination of 154 government-insured mortgage loans worth over $16 million, U. S. District Judge Richard Voorhees also ordered him to pay restitution. McCuen received a 50-month sentence Aug. 4, 2014. As charlotteobserver.com reports, five other defendants, all from either Phoenix Housing Group—which sold the homes—or W. R. Starkey Mortgage have all plead guilty and await sentencing. ##

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