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].
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].
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].
