Hawaii Lawmakers Considering Foreclosure Rescue Legislation

In Honolulu, Hawaii, KHNL-TV Channel 8 reports:

• Homeowners facing foreclosure are susceptible to scams that promise to rescue their home. A new bill would provide some protection. But state officials are warning people the best protection is to stay alert and aware. [...] Stephen Levins at the Department of Commerce and Consumer Affairs says, "There's a real problem in Hawaii with people trying to steal equity out of homeowners. They generally target people facing foreclosure." [...] Lawmakers are hearing a bill (House Bill 3104 and Senate Bill 3026) that would help protect consumers.

For more, see New Bill Would Protect Against Mortgage Fraud.

To view the pending companion bills, see:

• HB 3104 (bill status) (bill text), and
• SB 3026 (bill status) (bill text).