Applicability to mortgage loans.

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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.


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