Well, it might.
According to an article published Friday in the Pacific Business News, a new law in Hawaii called the Mortgage Rescue Fraud Prevention Act could mean some real estate agents would be practicing as "Distressed Property Consultants" which requires them to abide by a separate set of rules from the real estate codes. http://www.bizjournals.com/pacific/stories/2008/11/17/story11.html .
So some Hawaii real estate brokerages have stopped listing short sale properties as a matter of policy until they receive some definition as to if their involvement in a short sale would fall under this act.
So a law that was designed to protect homeowners from predators has also prevented them from getting help from the true real estate professionals.
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