2019 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 18 - Mortgage Finance Authority
Section 58-18-7.1 - Sale of project mortgage loans.
All mortgage lenders are authorized to sell project mortgage loans to and to accept loans from the authority in accordance with the provisions of the Mortgage Finance Authority Act and the rules and regulations of the authority. To the extent that any provisions of this section may be inconsistent with any provision of law of the state governing the affairs of mortgage lenders, which other provision of law does not by its terms expressly amend the Mortgage Finance Authority Act, the provisions of this section shall control.
History: 1978 Comp., § 58-18-7.1, enacted by Laws 1982, ch. 86, § 6; 1995, ch. 9, § 13.
ANNOTATIONSThe 1995 amendment, effective June 16, 1995, deleted "Multiple family dwellings" at the beginning of the section heading and inserted "which other provision of law does not by its terms expressly amend the Mortgage Finance Authority Act" in the second sentence.
