Tag Archive: "Hawaii"
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Hawaii Amends Statutes Regarding Examinations and Licensing Fees
by: Nicole Legere, Esq.The state of Hawaii recently amended Chapter 454M of the Hawaii revised statutes by adding provisions which authorize the Commissioner of Financial Institutions to conduct exams and investigations. Additional amendments were made to adjust fees for mortgage servicer licensees to use the NMLS licensing system. These amendments are effective immediately. Investigation Authority […]
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Hawaii State Legislature Change Foreclosure Laws
by Nicole Legere, Esq.Senior Counsel CHANGES TO THE HAWAII FORECLOSURE PROCESS The Hawaii state legislature has recently passed HB 1875, which is intended to implement the recommendations of the mortgage foreclosure taskforce. This taskforce was created specifically to recommend ways to improve the methods by which foreclosures are conducted in Hawaii. The recommendations include creating […]