Three senators want residents in Florida and Louisiana to get the kind of mortgage help provided to Virginia homeowners whose houses contain Chinese drywall. Last week Sens. Bill Nelson and George LeMieux of Florida and Sen. Mary Landrieu of Louisiana wrote to Fannie Mae asking for help. In addition, Nelson and Landrieu wrote to Freddie Mac. Many whose homes were built with the material have moved out, juggling rent and mortgage payments. The drywall makes some homes smell bad and has been found to corrode metals and damage wiring and appliances and is suspected of causing breathing problems and headaches.
1 minute readUS senators say Florida residents with bad drywall need mortgage help
April 19, 2010, 2:33pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
