NM Courts Uphold Home Mortgage Re-Fi Practices

A significant part of my mediation practice nowadays involves foreclosure mediation.  As I've written elsewhere, some courts on the East and West coasts have taken mortgage lenders to task in recent years.  In New Mexico, however, much of the debate about mortgage lending and foreclosure practices has been largely limited to op-ed pieces until now.  Finally, New Mexico courts have weighed in on lending practices at least, in a decision that clarifies the issues but may not bode well for home-owners.