The Mortgage Loan Company Act is not intended to impair any remedies available to injured parties under other statutes or under common law.

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Terms Used In New Mexico Statutes 58-21-25

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.