Bill Text: HI HB2115 | 2022 | Regular Session | Amended
Bill Title: Relating To Mortgage Servicers.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2022-06-17 - Act 060, on 06/17/2022 (Gov. Msg. No. 1160). [HB2115 Detail]
Download: Hawaii-2022-HB2115-Amended.html
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HOUSE OF REPRESENTATIVES |
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2115 |
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THIRTY-FIRST LEGISLATURE, 2022 |
H.D. 1 |
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STATE OF HAWAII |
S.D. 1 |
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A BILL FOR AN ACT
RELATING TO MORTGAGE SERVICERS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 454M-4, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:
"(c) To the extent reasonably necessary to
participate in NMLS, the commissioner may modify [any or all of the
requirements of subsections (e) and (i).] or waive, in whole or in part,
by rule or order, any or all of the requirements in this chapter."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2022.
Report Title:
Mortgage Servicers; Surety Bond; NMLS
Description:
Authorizes the Commissioner of Financial Institutions to modify or waive requirements relating to mortgage servicers in chapter 454M, Hawaii Revised Statutes, to implement changes and improvements made to the NMLS. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
