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Section 58-18-1 - Short title. - Chapter 58, Article 18 NMSA 1978 shall be known and...
Section 58-18-2 - Legislative findings; declaration of purpose. - A. The legislature finds and declares that there exists in...
Section 58-18-2.1 - Multiple-family, transitional and congregate dwellings; supplemental legislative findings and purpose. - The legislature finds and declares that there is a critical...
Section 58-18-3 - Definitions. - As used in the Mortgage Finance Authority Act: A. "authority"...
Section 58-18-3.1 - Additional definitions; multiple-family dwellings, transitional and congregate housing facilities. - As used in the Mortgage Finance Authority Act: A. "multiple-family...
Section 58-18-3.2 - Secondary mortgage funds; additional definitions. - As used in the Mortgage Finance Authority Act: A. "pass-through...
Section 58-18-4 - Authority created. - A. There is created a public body politic and corporate,...
Section 58-18-5 - Powers of the authority. - The authority shall have all the powers necessary or convenient...
Section 58-18-5.1 - Recompiled. - Recompilations. — This section, regarding the Mortgage Finance Authority Act...
Section 58-18-5.2 - Authority duties. - The authority shall make available to the Mortgage Finance Authority...
Section 58-18-5.3 - Authority; multiple-family dwellings, transitional and congregate housing facilities. - In addition to the specific powers of the authority set...
Section 58-18-5.4 - Duties of authority; multiple-family dwellings, transitional and congregate housing facilities. - A. The authority shall require, as a condition of making...
Section 58-18-5.5 - Additional powers of authority; authority designated as single state housing authority; application for and receipt of federal funds; administration of housing programs. - In addition to the powers granted the authority pursuant to...
Section 58-18-5.6 - Duties; behavioral health. - The authority shall: A. appoint a representative to both the...
Section 58-18-6 - Loans to mortgage lenders. - A. The authority may make and contract to make loans...
Section 58-18-7 - Purchase of mortgage loans. - A. The authority may purchase and contract to purchase mortgage...
Section 58-18-7.1 - Sale of project mortgage loans. - All mortgage lenders are authorized to sell project mortgage loans...
Section 58-18-7.2 - Secondary market facility; findings and purposes; establishment. - A. The legislature finds and declares that it is necessary...
Section 58-18-7.3 - Rehabilitation loans and home improvement loans. - The authority may develop a tax-exempt bond, a taxable bond...
Section 58-18-8 - Rules and regulations of the authority. - A. The authority shall adopt and may from time to...
Section 58-18-8.1 - Rules and regulations of the authority; multiple-family dwellings, transitional and congregate housing facilities. - Prior to financing a multiple-family dwelling project or transitional or...
Section 58-18-8.2 - Rules and regulations of the authority; secondary market facility. - Prior to establishing a secondary market facility or issuing any...
Section 58-18-8.3 - Rules and regulations of the authority; home improvement loan program. - Prior to implementing the home improvement loan program referred to...
Section 58-18-9 - Required determinations of the authority. - The authority shall not make loans to mortgage lenders pursuant...
Section 58-18-9.1 - Repealed. - Repeals. — Laws 1995, ch. 9, § 37 repeals 58-18-9.1...
Section 58-18-10 - Planning, zoning and building laws. - A. All multiple-family dwelling projects and transitional and congregate housing...
Section 58-18-11 - Bonds and notes of the authority. - A. The authority may from time to time issue its...
Section 58-18-11.1 to 58-18-11.5 - Repealed. - Repeals. — Laws 1988, ch. 46, § 13, effective March...
Section 58-18-12 - Reserve funds. - A. The authority may create and establish one or more...
Section 58-18-13 - Notice or publication not required. - No notice, consent or approval by any governmental body or...
Section 58-18-14 - Remedies of bondholders and noteholders. - Except to the extent this section conflicts with a term...
Section 58-18-14.1 - Project mortgage loans; enforcement of agreement. - A. Compliance by any mortgage lender with the terms of...
Section 58-18-15 - State and municipalities not liable on bonds and notes. - The bonds, notes and other obligations of the authority shall...
Section 58-18-16 - Agreement of the state. - The state does hereby pledge to and agree with the...
Section 58-18-17 - Bonds, notes and other obligations; legal investments for public officers and fiduciaries. - The bonds, notes, other obligations, pass-through securities and guarantees of...
Section 58-18-18 - Tax exemption. - A. It is determined that the creation of the authority...
Section 58-18-19 - No contribution by state or municipality. - Neither the state nor any municipality shall have the power...
Section 58-18-20 - Money of the authority. - A. All money of the authority from whatever source derived,...
Section 58-18-21 - Limitation of liability. - Neither the members of the authority nor any person acting...
Section 58-18-22 - Assistance by state officers and agencies. - All state officers and all state agencies may render such...
Section 58-18-23 - Court proceedings; preference; venue. - Any action or proceeding to which the authority or the...
Section 58-18-24 - Corporate existence. - The authority and its corporate existence shall continue until terminated...
Section 58-18-25 - Conflicts of interest; penalty. - A. If any member, officer or employee of the authority...
Section 58-18-26 - Cumulative authority. - The Mortgage Finance Authority Act shall be deemed to provide...
Section 58-18-27 - Liberal interpretation. - The Mortgage Finance Authority Act, being necessary for the welfare...