US Bank, N.A. v. Nikia Hough
(067029; A-82-83-10)
According to the
plain language of N.J.A.C. 5:80-
26.18(e), the portion of the
loan exceeding the
permissible limits of N.J.A.C.
5:80-26.8(b) is void
and not collectible by the
lender; the remainder of
the loan is valid and secured
by the affordable
housing unit.5-22-12
