STAND. COM. REP. NO. 327-10
Honolulu, Hawaii
, 2010
RE: H.B. No. 2895
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2010
State of Hawaii
Sir:
Your Committee on Housing, to which was referred H.B. No. 2895 entitled:
"A BILL FOR AN ACT RELATING TO FORECLOSURE,"
begs leave to report as follows:
The purpose of this bill is to allow a court supervised sale for homeowners who successfully appeal a sales price obtained through non-judicial foreclosure proceedings.
Legal Aid Society of Hawaii and a concerned individual testified in support of this bill. Hawaii Bankers Association supported the intent of this measure. Hawaii Financial Services Association opposed this bill. Hawaiian Alliance, LLC, provided comments.
As affirmed by the record of votes of the members of your Committee on Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2895 and recommends that it pass Second Reading and be referred to the Committee on Judiciary.
Respectfully submitted on behalf of the members of the Committee on Housing,
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____________________________ RIDA CABANILLA, Chair |
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