Hawaii Amends Nonjudicial Power of Sale Foreclosure Laws
June 4, 2025
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Hawaii Repeals Mortgage Loan Recovery Fund Fees Paid by Mortgage Loan Originator Companies
June 22, 2022
Hawaii passed a bill repealing mortgage loan recovery fund fees paid by mortgage loan originator companies under the Secure and Fair Enforcement for Mortgage Licensing
FHA Waives Timeframe for Completing Damage Inspections in Presidentially-Declared Disaster Areas in Hawaii
September 18, 2018
FHA issued a waiver regarding the timeframe for completing damage inspections in presidentially-declared disaster areas in Hawaii. FHA currently requires that all properties with pending
Hawaii Amends Secure and Fair Enforcement for Mortgage Licensing Act
September 13, 2017
Hawaii passed a bill amending the Secure and Fair Enforcement for Mortgage Licensing Act. Under the bill, an exempt sponsoring mortgage loan originator company must
Hawaii Requires Release of Security Instruments Evidencing Assignments of Borrower’s Interest in Leases and Rents upon Loan Satisfaction
July 24, 2017
Hawaii passed a bill requiring the release of a security instrument evidencing the assignment of the borrower’s interest in leases and rents upon full satisfaction
Hawaii Enacts Change of Control Requirements under Mortgage Servicers Act
July 18, 2017
Hawaii passed a bill enacting change of control requirements under the Mortgage Servicers Act (MSA). Under the bill, a mortgage servicer licensed under the MSA
Ginnie Mae Revises High Balance Loan Definition in Accordance with the Increased 2017 Conforming Loan Limits
December 29, 2016
Ginnie Mae revised the definition of a “high balance loan” in accordance with the increased 2017 conforming loan limits announced by the Federal Housing Finance
FHA Issues Correction to Mortgagee Letter 2016-20: 2017 Nationwide Forward Mortgage Limits
December 12, 2016
FHA issued a correction to Mortgagee Letter 2016-20 regarding the 2017 nationwide forward mortgage limits. Mortgagee Letter 2016-20 referenced an incorrect limit ceiling for Alaska,
FHA Announces Forward Mortgage Loan Limits for 2017
December 5, 2016
FHA announced the forward mortgage loan limits for 2017. The 2017 “floor” and “ceiling” loan limits for a one-unit property are increased to $275,665 and
FHA Increases Home Equity Conversion Mortgage (HECM) Limits for 2017
December 5, 2016
FHA increased the home equity conversion mortgage (HECM) limits for 2017. The maximum claim amount for FHA-insured HECMs in 2017 will be $636,150 (an increase
