12-11-2010, 03:40 AM
http://www.kitv.com/money/26096599/detail.html
"Harman said FACE will push for laws already in place in Nevada, Maryland and Florida, that require face to face mediation between mortgage lenders and those who face foreclosure.
“And that’s something that our people don’t have in Hawaii. And I think it’s especially important since we’re so far away,” Harman said.
FACE is also studying a Nevada law that requires mortgage lenders to have a presence in the state in which it does business.
But consumers are not always in control over what happens to their loans."
"Harman said FACE will push for laws already in place in Nevada, Maryland and Florida, that require face to face mediation between mortgage lenders and those who face foreclosure.
“And that’s something that our people don’t have in Hawaii. And I think it’s especially important since we’re so far away,” Harman said.
FACE is also studying a Nevada law that requires mortgage lenders to have a presence in the state in which it does business.
But consumers are not always in control over what happens to their loans."