HRS §454F-1.5
Who must register with the national mortgage system
This section says that most people and companies that make home loans in Hawaii must register with the national mortgage licensing system, unless they are exempt. Some exempt loan originators still need to register and get a unique identifier, but they do not need a full license.
borrowersmortgage lenders
The statute, as written — Registration with NMLS required
(a) All mortgage loan originators, mortgage loan originator companies, exempt registered mortgage loan originators, exempt sponsoring mortgage loan originator companies, nonprofit organizations, and every other person in this State that originates a residential mortgage loan, unless exempt under section 454F-2, shall register with NMLS. (b) Exempt registered mortgage loan originators, unless exempt under section 454F-2, shall register and maintain a unique identifier through NMLS, but shall not be required to be licensed under this chapter.
Sections this one refers to
§454F-2 Who is exempt from mortgage loan originator rules
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