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  6. Chapter 58 - Financial Inst...
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  8. Article 21B - New Mexico Mortgage Loan Origina...


Article 21B - New Mexico Mortgage Loan Originator Licensing


  • Section 58-21B-1 - Short title.
  • Section 58-21B-2 - Findings; purpose.
  • Section 58-21B-3 - Definitions.
  • Section 58-21B-4 - License and registration required to originate mortgage loans.
  • Section 58-21B-5 - State license and registration application and issuance.
  • Section 58-21B-6 - Issuance of license.
  • Section 58-21B-7 - Pre-licensing education of mortgage loan originators.
  • Section 58-21B-8 - Testing of mortgage loan originators.
  • Section 58-21B-9 - Standards for license renewal.
  • Section 58-21B-10 - Continuing education for mortgage loan originators.
  • Section 58-21B-11 - Authority to require license and to set fees.
  • Section 58-21B-12 - Nationwide multistate licensing system and registry information challenge process.
  • Section 58-21B-13 - Enforcement; violations; penalties.
  • Section 58-21B-14 - Notice of contemplated action; hearings.
  • Section 58-21B-15 - Power of the court to grant relief.
  • Section 58-21B-16 - Unlicensed activity.
  • Section 58-21B-17 - Surety bond required.
  • Section 58-21B-18 - Confidentiality.
  • Section 58-21B-19 - Powers and duties of director.
  • Section 58-21B-20 - Mortgage loan originator duties.
  • Section 58-21B-21 - Private right of action; damages; enforcement by attorney general.
  • Section 58-21B-22 - Mortgage call reports.
  • Section 58-21B-23 - Report to nationwide multistate licensing system and registry.
  • Section 58-21B-24 - Unique identifier shown.
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