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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The Current Landscape of Mortgage Origination: Trends and Challenges
Explore current trends and challenges in the U.S. mortgage origination market, including interest rate fluctuations, digital mortgage solutions, and compliance needs.
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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