Thursday, June 9, 2011

DCCA Seeks RFP for Mortgage Foreclosure Dispute Resolution

The Department of Commerce and Consumer Affairs has put out a Request for Proposals (RFP) to groups wishing to run the state's new Mortgage Foreclosure Dispute Resolution program.  The bill, which was signed by Governor Abercrombie will offer an alternative method for resolving foreclosure actions by mortgage companies in an effort to stem the growing number of mortgage foreclosures in Hawaii.