By Paul Owers
South Florida Sun Sentinel
Sunday, November 01, 2009
Home buyers in South Florida are petrified of tainted Chinese drywall.
rule out entire neighborhoods or houses and condos built within the past seven years. Others don’t want anything to do with builders known to have used Chinese drywall. And buyers who do sign contracts [...]
ALLISON ROSS
PALM BEACH POST Homeowners’ efforts to get relief from their Chinese drywall problems are moving ahead as court-appointed inspectors began examining a handful of affected properties this week.
A house in the Cobblestone Creek subdivision west of Boynton Beach will be inspected next week. It and 14 other Florida homes will help set a [...]
LESLEY CLARK
The Miami Herald
WASHINGTON — Lawmakers from Florida and Louisiana Thursday pressed new Consumer Product Safety Commission chairman Inez Tenenbaum for answers to the Chinese drywall problem plaguing thousands of homeowners in their states.
Tenenbaum – who took over the agency in June – pledged to lawmakers that the agency will “vigorously pursue its investigation” [...]
A recent report by a congressional oversight panel highlighted the changing nature of the housing crisis by suggesting that the Obama administration’s sweeping anti-foreclosure initiative might not be suited to address the mortgage delinquency epidemic as it exists today. The initial portion of the foreclosure mess was triggered in large part by over-leveraged borrowers [...]
By M.P. MCQUEEN
At least two home insurers in Florida have begun dropping policyholders who filed claims for property damage linked to drywall imported from China.
Disputes with insurance companies are increasing as a growing number of homeowners file claims for property damage they say is caused by defective Chinese drywall. Insurers are fighting the claims [...]
In 2006 alone, nearly seven million sheets of drywall were imported from China. The federal court in the Eastern District of Louisiana has identified 26 brands of drywall, but 11 others had no markings other than variations of “Made in China.”
“Our priority goal is to keep distressed borrowers in their homes and out of foreclosure, when possible,”