I saw this and it confirms what I have been hearing from the Albuquerque Real Estate community.
From nmrealtor.com
"New Mexico Spared the Worst for Mortgage Lenders
New Mexico has been spared the worst of the carnage that has claimed dozens of lenders around the country. The reasons? According to an August 31 article in the New Mexico Business Weekly, a below-average percentage of subprime lending, and the fact that much of subprime volume is done by out-of-state lenders."
http://www.welcomehomeabq.com/
Posted Wednesday Sep 05
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