A Pillager's Plight

This small yellow bag is unusual in that it is dyed bright yellow. It strikes you as familiar, and for a time you have trouble remembering why. Then, with a sudden realization, you recall the owner of one such bag: Hagan the Scarred. While you have no idea what Hagan carried within his yellow bag, you do know that it never left his belt, even when he slept. If this is the same bag, then Hagan must either be dead and his corpse looted, or alive and robbed of one of his most prized possessions.

Locate Hagan the Scarred, and speak to him about Hagan's Yellow Bag. He must have marched south out of Thorshafn with the Raven Host. No doubt you'll run into him along your travels towards Nordland.