§454F-45 Subrogation of rights. When, pursuant to court order, the commissioner has paid any sum to a judgment creditor from the mortgage loan recovery fund, the commissioner shall be subrogated to all of the rights of the judgment creditor. The judgment creditor shall assign all of the judgment creditor's rights, title, and interest in the judgment to the commissioner. Any interest collected by the commissioner pursuant to this section shall be deposited into the mortgage loan recovery fund. [L 2010, c 84, pt of §3]
Structure Hawaii Revised Statutes
Title 25. Professions and Occupations
454F. Secure and Fair Enforcement for Mortgage Licensing Act
454F-1.5 Registration with NMLS required.
454F-1.6 Presumption of control.
454F-1.7 Duties of a qualified individual and branch manager.
454F-2.5 Exempt sponsoring mortgage loan originator company; registration.
454F-3 Requirement of licensure.
454F-4 License and registration; application; issuance.
454F-4.5 Automatic secondary review of license application.
454F-6 Pre-licensing and re-licensing; education of mortgage loan originators.
454F-7 Testing of mortgage loan originators.
454F-8 Standards for license renewal.
454F-8.5 Reinstatement of expired licenses.
454F-9 Continuing education; mortgage loan originators.
454F-10 Authority to require license.
454F-10.6 Voluntary cessation of operation; surrender of license.
454F-10.7 Change in control of a licensee; fees.
454F-11 NMLS registry information; challenge process.
454F-12 Enforcement authorities; violations; penalties.
454F-15 Investigation and examination authority.
454F-16 Mortgage call reports.
454F-18 Powers of commissioner.
454F-19 Unique identifier shown.
454F-24 Limited exemption for mortgage loan originators employed by mortgage servicers.
454F-25 Nonprofit organizations; mortgage loan originators.
454F-41 to 454F-47 designated as Part II pursuant to §23G-15.
454F-42 Statute of limitation; recovery from fund.
454F-45 Subrogation of rights.
454F-47 Disciplinary action against licensee.