2014 Hawaii Revised Statutes
TITLE 25. PROFESSIONS AND OCCUPATIONS
454F. Secure and Fair Enforcement for Mortgage Licensing Act
454F-24 Mortgage servicer companies; mortgage loan originators.
Revision Note
Sections 454F-1 to 454F-26 designated as Part I pursuant to §23G-15.
§454F-24 Mortgage servicer companies; mortgage loan originators. An employee who performs mortgage loan originator activities for a mortgage servicer company is exempt from registration and licensure as a mortgage loan originator; provided that:
(1) The employee's actions are part of the employee's duties as an employee of the mortgage servicer company; and
(2) The employee provides mortgage loan originator services only with respect to a residential mortgage loan modification. [L 2012, c 252, pt of §1; am L 2014, c 198, §10]
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