454M-2 License required. (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).