Louisiana State Senator Julie Quinn has been a champion for homeowners dealing with toxic Chinese drywall, and the Louisiana Senate has passed a bill she sponsored that would provide certain insurance protections for homeowners dealing with Chinese drywall. S.B. 565 would prohibit insurance companies from canceling or failing to renew a homeowner’s policy based on [...]
Three United States senators have asked Fannie Mae and Freddie Mac to provide a six-month mortgage hiatus to Louisiana and Florida homeowners dealing with Chinese drywall, according to the Sarasota Herald Tribune. Chinese drywall can release fumes that are very corrosive and damages wiring, plumping and other metal components in the home. There is concern [...]