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Why co-ops are allowed in specific states?

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sagarthakar Joined: 15 May 2007 Posts: 71 27.67 Dollars($)	Posted: Thu Jul 31, 2008 6:23 am    Post subject: Why co-ops are allowed in specific states? Like 0 Dislike 0 Its been noticed that Co-Operatives are always allowed by any Lender in NY / NJ / IL / DC (sometimes.) Is there any specific reason behind this, any official documents which the Lender follows ... Can anyone please spread light on this topic. It will be helpful Thanks Sagar
Johnny1 Guest	Posted: Fri Aug 01, 2008 3:29 am    Post subject: Like 0 Dislike 0 Hello. This is because of the state specific laws. The state law defers from one state to another.

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