Gov. Neil Abercrombie on Wednesday signed into law a bill that narrows the scope of attorneys who can act as ”distressed property consultants” and are exempt from Hawaii’s Mortgage Fraud Prevention Act, an effort that advocates say will add further protection to prevent homeowners from falling victim to mortgage rescue fraud. The legislation stemmed, in part, from cases in which distressed home owners were bilked out of $1.5 million. The bill is also in response to people who have tried…
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