The Home Equity Theft Reporter: CNBC’s “Power Lunch” Interviews Florida Legal Aid Attorney On Lenders’ Failure To Prove Ownership Of Mortgage Loans In Foreclosure Actions

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The Home Equity Theft Reporter: CNBC’s "Power Lunch" Interviews Florida Legal Aid Attorney On Lenders’ Failure To Prove Ownership Of Mortgage Loans In Foreclosure Actions

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Yet there was little that could be regarded as fair and legal about the proceedings. The court itself was established at the Bush Administrations behest. U.S. dollars financed the proceedings, and U.S. officials provided aid, training and direct involvement. The trial was fraught with problems.

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(a) Except as is otherwise provided in Article 3 of Chapter 31A, in the case of any violation of Article 13A of Chapter 14, or a general statute constituting a felony other than a nonwillful homicide, any money or other property or interest in property acquired thereby shall be forfeited to the State of North Carolina, including any profits.