Mark Brody, the Republican Candidate for NC House District 55, and his wife, Lisa Marie Brody, have a judgment against them by BB&T, according to an abstract summary of the civil case at the Mecklenburg courts.
The money is broken down into a $53,646.80 money award, $10,904.28 in costs and fees, and $19,931.45 in interest, bringing the total balance to $84,482.53, according to the abstract.
The Brodys filed a counterclaim Nov. 1, 2010, saying that “Branch Bank and Trust (BB&T) was and should be held responsible for the collapse of the mortgage industry in the United States thus the collapse of housing prices causing the defaults and deficiencies regarding Loans 1 & 2,” and that BB&T “was and should be held responsible for the collapse of the construction industry in the US thus the collapse of new housing starts causing the equipment brought with Loan 46 to stand idle for lack of available work.”
The Brodys also asserted that BB&T violated a number of rules, regulations and laws, including failing to accurately assess their assets and cease lending if the actual value of their assets fell below that required per the federal and state regulations, among other violations, according to the counterclaim.
One citizen submitted a letter to the Record, saying that in Brody’s other papers he “has issued supporting his candidacy, he has espoused that he is a responsible citizen, who should be given the responsibility of running the state’s financial matters. We submit that he would do well to start at home.”
Brody’s campaign defended Brody, saying that the economy was to blame. They did not issue an official statement in time for print.