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Home » Store » News » State Roundup

State Roundup

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New Mexico. Democrat Gov. Bill Richardson signed S.B. 228 repealing a provision in the state’s Home Loan Protection Act, which allowed a borrower to assert all claims and defenses against a manufactured home seller or home improvement contractor, as well as against a lender, holder or servicer of such a loan. The provision posed problems because it was not limited to high cost home loans. In addition, its broad language could be construed as
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