This decision was announced yesterday. The Hawaii Supreme Court has set precedent and made it crystal clear that sloppy foreclosures will not be tolerated. Their arguments are flawless. This should be applicable to any type of servicing.
But I am especially pleased this decision will protect seniors with HECMs who hit bumps in the road and cannot react as fast as younger folks.
Nelson A. Locke, Esq
Federal Matters and Compliance