Archive for May, 2011|Monthly archive page
Mandleman Matters reports that Hawaii is on the verge of enacting. It seems so simple. the bill requires that loan servicers, requires the servicer, at least 14 days prior to foreclosure, to present among other things, “a copy of the promissory note… including any endorsements, allonges, amendments, or riders to the note evidencing the mortgage debt.”
Such a requirement will once again force lenders to respect the rule of law in the way they expect their customers to respect the rule of law. Take a look at Hawaii’s Senate Bill 651 here.
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