Hawaii amends non-judicial foreclosure lawsMortgagePress.comHawaii, foreclosure laws, Linda Lingle, SB 2454
On June 3, Hawaii Gov. Linda Lingle signed SB 2454, which amends
Hawaii non-judicial foreclosure laws.
Under the new law, any mortgagee that forecloses under a power
of sale must now be represented by an attorney who is licensed to
practice law in Hawaii and is physically located in Hawaii. In
addition, the new law requires the foreclosing mortgagee or
attorney to provide information regarding the foreclosure, such as
the amount required to cure the default, to entitled parties upon
request. The new law became effective on June 3.
For a copy of SB 2454, click