N.M. Stat. § 58-21B-21
Private right of action; damages; enforcement by
attorney general.
A. Any person who has suffered injury by reason of any method, act or practice in
violation of the New Mexico Mortgage Loan Originator Licensing Act may sue in district
court. Upon a showing that that act is being or has been violated and a showing that the
plaintiff has suffered injury, the court may award damages, punitive damages and
injunctive relief and shall award the cost of the suit, including reasonable attorney fees.
B. Whenever the attorney general has reasonable belief that a person is using, has
used or is about to use any method, act or practice in violation of the New Mexico
Mortgage Loan Originator Licensing Act and enforcement proceedings would be in the
public interest, the attorney general may bring an action in the name of the state
alleging violations of that act. An enforcement action by the attorney general may be
brought in the district court of the county in which the person that allegedly is using, has
used or is about to use a method, act or practice in violation of the New Mexico
Mortgage Loan Originator Licensing Act resides or has its principal place of business, or
in the district court in any county in which the person allegedly is using, has used or is
about to use a method, act or practice in violation of the New Mexico Mortgage Loan
Originator Licensing Act. In any action filed by the attorney general pursuant to the New
Mexico Mortgage Loan Originator Licensing Act, the attorney general may petition the
district court for temporary or permanent injunctive relief and restitution. The attorney
general acting on behalf of the state shall not be required to post bond when seeking a
temporary or permanent injunction in an action brought pursuant to this section.
C. The relief provided in this section is in addition to remedies otherwise available
pursuant to common law or other New Mexico statutes.