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Updated about 4 years ago on .
Hawaii Loan Forbearance Update
Some good news on loan forbearance in Hawaii. Last week two key earnings reports came out from Bank of Hawaii and First Hawaiian. Both showed significant reductions in loan deferrals! With only 1-2% of loans now in deferral (down from 6% a few months ago) at this point in the pandemic is very good news. If all goes well, loan forbearance will have little impact on Hawaii housing! This good news, coupled with tourism far outpacing previous predictions, there is some pretty good light at the end of the tunnel.