2011-07-05totalmortgage.com

``Last year Hawaii had over 12,000 foreclosures, and only about ten percent of those were of the judicial variety. Opponents of the new law say that it will lengthen foreclosure times, delaying the healing of the housing market in Hawaii. While this may be true to a degree, it is well worth noting that this situation is a direct result of sloppiness and oversight on the part of lenders. It is also worth noting that this is the same exact argument that is used against nearly every measure that requires lenders to actually prove that they have standing to foreclose on a mortgage. Frankly, it's starting to get a little stale.''


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