Chinese Drywall Toxic?

A settlement worth hundreds of millions of dollars to homeowners with problems was good news to many Thursday, but don’t look under the Christmas tree for cash just yet. Christmas might come in July by the time hearings are …

The Chinese Drywall Complaint Center is blasting most major US banks, or loan servicing companies for doing little to nothing, to assist the tens of thousands of US homeowners in Florida, Alabama, Mississippi, Louisiana, Virginia, and Southeast Texas stuck in a toxic Chinese drywall home. The group says, “Does Bank of America, Wells Fargo, Citi, [...]

Do you banks, or loan servicers want to be in the toxic Chinese drywall home foreclosure business forever in Florida, Alabama, Mississippi, Louisiana, Virginia, and Southeast Texas? The Chinese Drywall Complaint Center says, “The imported toxic Chinese …

The groups are identifying tainted homes, moving homeowners out, supporting them for months and making the houses safe

Hurricane relief organizations whose volunteers built or repaired hundreds of damaged houses after Hurricane Katrina have found they installed toxic Chinese drywall in more than 200 buildings, requiring hundreds of low-income families to move out for …

Homeowners with damages and/or losses from corrosive drywall installed between 2001 and 2009 may be eligible to claim casualty losses on their tax returns. Some imported drywall, also referred to as Chinese drywall, causes blackening or corrosion of copper electrical wiring and certain copper elements of standard household appliances, as well as a noticeable sulfur [...]

About 109 Louisiana homeowners impacted by defective drywall will soon see relief as plans are finalized to start the first home repairs, under a court approved pilot remediation program, announced Attorney General Buddy Caldwell. “It is important that …

Fannie Mae will allow homeowners to postpone their payments for up to six months, while Freddie Mac will allow a full year.

Some Chinese drywall homeowners are finally going to get the fix they have been waiting years for. In a settlement negotiated by the federal court overseeing thousands of Chinese drywall lawsuits, Knauf Plasterboard Tianjin Co. and a group of other defendants has agreed to repair 300 homes in four states as part of a [...]

CAPE CORAL: The State of Florida now has the highest number of cases of bad Chinese drywall in the entire county, according to the Consumer Product Safety Commission. Now the IRS is offering some relief to affected homeowners. The CPSC says Florida is the sour