A recent Hawaii statutory amendment has exempted employees of mortgage servicer companies who perform loan modification activities from mortgage loan originator licensing requirements. Employees of servicers who assist consumers with residential mortgage loan modifications do not have to be licensed as mortgage loan originators. "Residential mortgage loan modifications" means the modification of existing residential mortgage loans (i.e., a change in interest, principal, or loan term) or processing the approval of loan assumptions. The exemption is not available to employees of servicers who otherwise originate mortgage loans. An exemption was also created for employees of nonprofit organizations who act within the scope of their employment, who only provide originator services to residential mortgage loans, and whose employer has registered with the NMLS. These amendments are effective immediately.