Does anyone know the particulars of the Home Loan Protection Act recently passed in New Mexico. For instance the "points and fees" for 1st and 2nd mortgages. I need to clarification on the law, because it looks like the state is only allowing 2% points and fees for 1st mortgages and 3% for second mortgages. Also, it is not clear on when the law becomes effective. In one instance it states 7/1/03 and in another instance it states 4/1/04. If someone can shed some light on this topic, I'll be eternally grateful. Thanks!