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Fannie Mae files foreclosure papers on two Morgan properties in Rochester (access required)

The Federal National Mortgage Association, better known as Fannie Mae, has begun foreclosure proceedings on two Robert Morgan properties in the Rochester area. The lawsuits — filed in state Supreme Court in Monroe County on Thursday — claim executives for, and associates of, Morgan's now-crumbling real estate empire submitted fraudulent documents in order to obtain federally backed mortgages on ...

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