Strongest mortgage foreclosure law in the country

Senator Rosalyn Baker and Representative Robert Herkes with their respective staffs witness the signing of SB651.

That's what people are calling Hawaii's law on mortgage foreclosures after the Governor signed SB651 today.

Here is the bill's brief description:

Implements recommendations of the mortgage foreclosure task force by establishing a temporary mortgage foreclosure dispute resolution program; authorizing conversion from nonjudicial to judicial foreclosure; amending sections relating to mortgage servicers; and amending the nonjudicial foreclosure process. Establishes mortgage foreclosure dispute resolution special fund. Makes an appropriation out of the compliance resolution fund. (CD1)