(a) No person except those exempted under this chapter shall engage in the business of mortgage servicing without a license as provided in this chapter.

Terms Used In Hawaii Revised Statutes 454M-2

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(b) No person shall engage in the business of mortgage servicing in this State unless the person providing services has a physical presence in the State pursuant to section 454M-5(b)(6).