HRS §454M-8
Commissioner's powers over mortgage servicers
This section lists what the state commissioner can do to oversee mortgage servicers. The commissioner can make rules, handle complaints, and manage licenses. The commissioner can also investigate violations, issue orders, and take other needed actions.
mortgage lendersstate agencies
The statute, as written — Powers of commissioner
In addition to any other acts or conditions provided by law, the commissioner may: (1) Adopt, amend, or repeal rules, issue declaratory rulings or informal nonbinding interpretations, and investigate and act upon written consumer complaints; (2) Grant, deny, forfeit, renew, reinstate, or restore the license of any mortgage servicer; (3) Revoke, suspend, or otherwise limit the license of any mortgage servicer for any violation of the provisions in this chapter, or any rule or order of, or agreement with the commissioner; (4) Issue orders to cease and desist and enter into consent orders; (5) Report any violation of this chapter or violation of federal or state law to the Consumer Financial Protection Bureau or other federal agency having jurisdiction over the licensee; (6) Investigate and conduct hearings regarding any violation of this chapter, or any rule or order of or agreement with the commissioner; and (7) Do any and all things necessary or incidental to the exercise of the commissioner's power and duties, including the authority to conduct contested case proceedings under chapter 91.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.