17:11C-87 - Applicability to mortgage loans

17:11C-87  Applicability to mortgage loans.

37.  The provisions of this act shall apply to any mortgage loan:

a.Advertised, caused to be advertised, solicited, negotiated, offered, or otherwise transacted within this State, in whole or in part, whether by the ultimate residential mortgage lender or any other person;

b.Made or executed within this State; or

c.Which is secured by residential real estate located in this State, notwithstanding the place of execution.

L.2009, c.53, s.37.