In papers filed in court, Morgan admitted to no guilt or wrongdoing as part of the deal.
The court documents emerged after Morgan pleaded guilty to a single felony charge, likely sparing him prison time.
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Navigating the Shifting Landscape of Mortgage Origination in Today's Market
Examine the current trends influencing mortgage origination, including interest rate shifts, regulatory challenges, and technological advancements in the mortgage industry.
Estimated reading time: 0 minutes, 20 seconds
Developer Bob Morgan Pays $16.3M to End Mortgage Fraud Case
Robert “Bob” Morgan has agreed to surrender $16.3 million to settle prosecutors’ mortgage fraud charges against the Rochester, N.Y., developer. So reports The Buffalo News.
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