Foreclosure Rage Equals Jail Time for Mortgage Broker

A former Mercer County, Penn.-based mortgage broker, 40-year old Scott McCuskey, decided to gut his $1.2 million property right before the Sheriff’s foreclosure sale on the courthouse steps — unfortunately, not an altogether rare occurrence for those who have spent any time working in default management. Earlier this week, a judge sentenced him to three to 15 months in jail, and he also must pay more than $174,000 to the insurance company taking the loss because of his so-called “foreclosure rage.” The Pocono Record reported June 25 that McCuskey stripped cabinets, toilets, a Jacuzzi, locks, garage doors and other items, reducing the value of his home to $180,000. McCuskey apparently attempted to argue that “he didn’t know he couldn’t take the items,” the Pocono Record said. He defaulted on the mortgage back in 2004. Below, a video look at foreclosure rage: