Hawaii Revised Statutes 454F-16 – Mortgage call reports
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Terms Used In Hawaii Revised Statutes 454F-16
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
Each licensee and exempt sponsoring mortgage loan originator company, as may be required by title 12 United States Code sections 5101 to 5116, shall submit quarterly to NMLS reports of condition, using the form entitled “FINANCIAL CONDITION” or “RESIDENTIAL MORTGAGE LOAN ACTIVITY”, which shall be in the form and contain the information as NMLS may require.