Haw. Rev. Stat. § 454F-24
Limited exemption for mortgage loan originators employed by mortgage servicers
Hawaii · Hawaii Revised Statutes Chapter 454F — Secure and Fair Enforcement for Mortgage · Status: effective
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- Citation
- Haw. Rev. Stat. § 454F-24, Limited exemption for mortgage loan originators employed by mortgage servicers, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2425701
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Full text
An employee who performs mortgage loan originator activities for a mortgage servicer 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; and
(2) The employee's mortgage loan originator services are limited to residential loan modifications and processing the approval of loan assumptions.