So, How is That New Hawaii Foreclosure Law Working So Far?

``Lenders have already begun preparing to mediate with Hawaii borrowers, in fact some folks have already been contacted to supply their "information packets." We spoke to one couple who has already met with their lender, Bank of America, and received a loan modification which significantly reduced their monthly payment. The official program, the Mortgage Foreclosure Dispute Resolution (MFDR) Program, which is being administered by the Department of Commerce and Consumer Affairs -- Office of Administrative Hearings with assistance from the judiciary, must begin no later than October 1st. For more information about participating in this program, you may go this state government web page.''