Fannie Responds to Hawaii's New Foreclosure Law – Says… WE'RE OUT!

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Fannie Responds to Hawaii’s New Foreclosure Law – Says… WE’RE OUT!

Fannie Responds to Hawaii’s New Foreclosure Law – Says… WE’RE OUT!

Mandelman

If you’ve been following the goings on in Hawaii as related to SB 651, the state’s new foreclosure law that requires servicers foreclosing non-judicially to produce chain of title documents, including assignments and endorsements prior to scheduling mandatory dispute resolution in front of a mediator, here’s a piece of news you’ll want to hear.

And, even if you haven’t been following the situation pertaining to foreclosures in Hawaii, but you’ve often wondered what the banks would do if they were forced to prove they actually own a home, or represent a trust that holds the actual note, BEFORE foreclosing… you’ll want to hear this too.


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One Response to “Fannie Responds to Hawaii’s New Foreclosure Law – Says… WE’RE OUT!”

  1. Mark says:

    Every state should adobt this law that Hawaii has put forth.
    These banks don’t just cloud Title history, they’ve destroyed all the title history’s!
    They’ve lied to Congress, they’ve lied to the American public, journalists, etc.

    TODAYS MORTGAGES ARE NOTHING BUT PONZI SCHEMES.

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