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Mortgages on Leased Land Not Unusual in Hawaii
By Staff WriterHONOLULU - At least 30% of homeowners on the island of Oahu lease their land, estimates Karen Kaoihana, Vice President of Lending at Honolulu Federal Credit Union. That number has fallen, the lending VP said, from figures of nearly 50% as recently as 10 years ago. "A lot of land...
