Blog

The Honolulu Star Advertiser reports that foreclosure are down significantly this month because of Act 182.  Act 182 forces foreclosing attorneys to certify that they have made a reasonably inquiry into the facts of the case and that the foreclosing party has the right to foreclose … Continue reading →

For June 2012, the Hawaii Judiciary reports that judicial foreclosures are up over last year. June 2012 saw 404 foreclosure cases initiated in Circuit Court. Compare this to June 2011 with 209 new judicial foreclosure cases. The number of foreclosures … Continue reading →

If you bought a house during the housing boom when prices were high and credit was cheap, then discovered you can’t afford it, what do you do? One thing you can do is move out right away. We generally don’t … Continue reading →

As a follow up to Act 48, the Legislature has passed House Bill 1875, and the Governor said he will sign it. HB 1875 adds a provision about HOA fees and more importantly, about the foreclosing attorney’s responsibility. The mortgage … Continue reading →

Part 2 will discuss the actual dispute resolution process: Mediations shally be scheduled 30 to 60 days after the owner elects to mediate. The foreclosure can not continue forward while the mediation is ongoing. Mortgage holder must show note and … Continue reading →

Now that Gov. Abercrombie has signed Act 48, here are some of the highlights. See the State of Hawaii’s DCCA’s site about Mortagage Foreclosure Dispute Resolution (MFDR) program Firstly, mediation program doesn’t start until October 1, 2011. Until then, owners … Continue reading →