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NEW MEXICO STATUTES AND CODES

Section 58-21-19 - Compliance with federal and state law.

58-21-19. Compliance with federal and state law.

In connection with any loan originated, brokered, negotiated or made by a licensee pursuant to the Mortgage Loan Company Act, a licensee shall comply with:

A.     applicable federal or state laws;

B.     the provisions of the Home Loan Protection Act; and

C.     the provisions of the New Mexico Mortgage Loan Originator Licensing Act [58-21B-1 NMSA 1978].

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