New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 15 - FINANCIAL INSTITUTIONS - GENERAL
Part 6 - HOME LOAN PROTECTION ACT - REASONABLE DUE DILIGENCE STANDARD FOR DETERMINING HIGH-COST HOME LOANS
Section 12.15.6.6 - OBJECTIVE
Universal Citation: 12 NM Admin Code 12.15.6.6
Current through Register Vol. 35, No. 18, September 24, 2024
The objective of this rule is to generally describe the type of circumstances the financial institutions division will consider in determining whether the reasonable due diligence standard set forth in Section 58-21A-11 of the act is satisfied.
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