---
type: "Bill"
title: "RELATING TO MORTGAGE SERVICERS."
description: "Updates requirements relating to licensed mortgage servicers by requiring approval by the commissioner of financial institutions for a change in control; and clarifying which persons associated with a mortgage servicer are presumed to exercise control and are subject to interviews, examination, and disclosure requirements. Effective 9/1/2017. (CD1)"
jurisdiction: "us/states/hi"
legislature: "Hawaii Legislature"
session: "2017 Regular Session"
identifier: "SB 950"
citation: "Hawaii SB 950 (2017 Regular Session)"
classification: ["bill"]
subjects: ["Mortgage Servicers", "Division of Financial Institutions", "Presumption of Control", "Change in Control"]
status: "enacted"
primary_sponsors: ["KOUCHI (Introduced by request of another party)"]
version_count: 4
action_count: 50
vote_count: 8
first_action: "2017-01-25"
last_action: "2017-06-22"
source: "openstates"
source_identifier: "ocd-bill/30ff8a27-eaef-49d8-84bf-b26f93558905"
source_url: "http://capitol.hawaii.gov/Archives/measure_indiv_Archives.aspx?billtype=SB&billnumber=950&year=2017"
source_hash: "5bd40603e038ceb49a3eb75fb4ab5e3a807202bec8430823a50e55a62e4ff190"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-hi"]
---

# Hawaii SB 950 (2017 Regular Session) — RELATING TO MORTGAGE SERVICERS.

Updates requirements relating to licensed mortgage servicers by requiring approval by the commissioner of financial institutions for a change in control; and clarifying which persons associated with a mortgage servicer are presumed to exercise control and are subject to interviews, examination, and disclosure requirements. Effective 9/1/2017. (CD1)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB950** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2017/bills/SB950_.HTM)
2. **SB950_CD1** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2017/bills/SB950_CD1_.HTM)
3. **SB950_HD1** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2017/bills/SB950_HD1_.HTM)
4. **SB950_SD1** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2017/bills/SB950_SD1_.HTM)

## Votes

- The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **7–0** (pass) · legislature
- The committees on FIN recommend that the measure be PASSED, UNAMENDED. — **16–0** (pass) · legislature
- Passed Final Reading, as amended (CD 1). — **25–0** (pass) · legislature
- The committees on IAC recommend that the measure be PASSED, WITH AMENDMENTS. — **7–0** (pass) · legislature
- The committees on CPC recommend that the measure be PASSED, UNAMENDED. — **6–0** (pass) · legislature
- The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **5–0** (pass) · legislature
- The Conference Committee recommends that the measure be Passed, with Amendments. — **4–0** (pass) · legislature
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. — **3–0** (pass) · legislature

## Sponsors

- KOUCHI (Introduced by request of another party) — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-01-25** Introduced. `introduction`
- **2017-01-25** Passed First Reading. `reading-1`
- **2017-01-25** Referred to CPH, WAM. `referral-committee`
- **2017-02-02** The committee(s) on CPH has scheduled a public hearing on 02-07-17 9:00AM in conference room 229.
- **2017-02-07** The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Baker, Nishihara, S. Chang, Espero, Ruderman; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ihara, Kidani. `committee-passage-favorable`
- **2017-02-13** Reported from CPH (Stand. Com. Rep. No. 138) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- **2017-02-13** Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
- **2017-02-21** The committee(s) on WAM will hold a public decision making on 02-23-17 1:35PM in conference room 211.
- **2017-02-23** The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 7 Aye(s): Senator(s) Tokuda, English, Galuteria, Harimoto, Riviere, Taniguchi, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 4 Excused: Senator(s) Dela Cruz, Inouye, K. Kahele, Shimabukuro. `committee-passage-favorable`
- **2017-03-03** Reported from WAM (Stand. Com. Rep. No. 912) with recommendation of passage on Third Reading, as amended (SD 2).
- **2017-03-03** 48 Hrs. Notice 03-07-17.
- **2017-03-07** Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. `passage`
- **2017-03-07** Received from Senate (Sen. Com. No. 304) in amended form (SD 2). `introduction`
- **2017-03-09** Pass First Reading `reading-1`
- **2017-03-09** Referred to IAC, CPC, FIN, referral sheet 27 `referral-committee`
- **2017-03-10** Bill scheduled to be heard by IAC on Wednesday, 03-15-17 9:00AM in House conference room 429.
- **2017-03-15** The committees on IAC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ohno, Choy, Cachola, Ito, Onishi, Tokioka, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Woodson. `committee-passage-favorable`
- **2017-03-17** Reported from IAC (Stand. Com. Rep. No. 1112) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
- **2017-03-17** Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Ichiyama, McKelvey, Oshiro, Souki excused (4). `reading-2, referral-committee`
- **2017-03-17** Bill scheduled to be heard by CPC on Wednesday, 03-22-17 2:00PM in House conference room 329.
- **2017-03-22** The committees on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 6 Ayes: Representative(s) Takumi, Ito, Say, Takayama, Todd, Yamane; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Ichiyama, Aquino, Fukumoto. `committee-passage-favorable`
- **2017-03-24** Reported from CPC (Stand. Com. Rep. No. 1318), recommending referral to FIN.
- **2017-03-24** Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aquino, DeCoite, Har, Ichiyama, C. Lee, Thielen excused (6).
- **2017-03-29** Bill scheduled to be heard by FIN on Friday, 03-31-17 2:00PM in House conference room 308.
- **2017-03-31** The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 16 Ayes: Representative(s) Luke, Cullen, Cachola, Choy, DeCoite, Gates, Holt, Keohokalole, Kobayashi, LoPresti, Lowen, Nakamura, Tokioka, Quinlan, Yamashita, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Tupola. `committee-passage-favorable`
- **2017-04-06** Reported from FIN (Stand. Com. Rep. No. 1682), recommending passage on Third Reading.
- **2017-04-06** Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Oshiro, Saiki, Say excused (3). Transmitted to Senate. `passage`
- **2017-04-07** Received from House (Hse. Com. No. 494). `introduction`
- **2017-04-07** Senate disagrees with House amendments.
- **2017-04-07** Received notice of disagreement (Sen. Com. No. 540).
- **2017-04-17** House Conferees Appointed: Ohno, Takumi, Choy Co-Chairs; Ward.
- **2017-04-17** Received notice of appointment of House conferees (Hse. Com. No. 587).
- **2017-04-18** Senate Conferees Appointed: Baker Chair; Taniguchi Co-Chair; S. Chang.
- **2017-04-18** Received notice of Senate conferees (Sen. Com. No. 681).
- **2017-04-20** Conference committee meeting scheduled for 04-21-17 2:30PM in conference room 016.
- **2017-04-21** Conference committee meeting to reconvene on 04-24-17 2:30PM in conference room 016.
- **2017-04-24** Conference committee meeting to reconvene on 04-25-17 2:30PM in conference room 016.
- **2017-04-25** The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Baker, Taniguchi, S. Chang; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
- **2017-04-25** The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Ohno, Takumi, Choy, Ward; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
- **2017-04-27** Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 61).
- **2017-04-27** 48 Hrs. Notice (as amended CD 1) 05-02-17.
- **2017-04-27** Reported from Conference Committee (Conf Com. Rep. No. 61) as amended in (CD 1).
- **2017-04-27** Forty-eight (48) hours notice Tuesday, 05-02-17.
- **2017-05-02** Passed Final Reading, as amended (CD 1). 25 Aye(s); Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
- **2017-05-02** Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
- **2017-05-03** Received notice of Final Reading (Sen. Com. No. 737).
- **2017-05-04** Received notice of passage on Final Reading in House (Hse. Com. No. 642).
- **2017-05-04** Enrolled to Governor. `executive-receipt`
- **2017-06-22** Act 046, on 06/20/2017 (Gov. Msg. No. 1146). `executive-signature`
- **2017-06-22** Act 046, 06/20/2017 (Gov. Msg. No. 1146). `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/30ff8a27-eaef-49d8-84bf-b26f93558905`. Confidence: reported (aggregated from official Hawaii legislature records).