Last week, RBS Greenwich Capital announced that it will not purchase or provide financing for high-cost, covered, manufactured housing, or certain refinance loans originated in New Jersey on or after Nov. 27 unless the state's soon-to-be implemented anti-predatory lending law is amended.

Greenwich added that it may still buy and finance purchase money home loans as well as covered loans in New Jersey as long as these loans are not secured by manufactured housing or otherwise comply with the state's new law. The firm would also consider purchasing and financing non cash-out refinance home loans.

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