This act N.M. Stat. Ann. § 47-15-1 to 47-15-8 may be cited as the “Mortgage Foreclosure Consultant Fraud Prevention Act”.

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Terms Used In New Mexico Statutes 47-15-1

  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
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