Wednesday, December 23, 2009

HUD aids Chinese drywall owners

Homeowners with tainted drywall may soon get some assistance, especially if they have an FHA-insured mortgage and are behind on their payments.<p/> The U.S. Department of Housing and Urban Development said Tuesday it is instructing its FHA-approved lenders to offer temporary help, including a suspension or reduction of payments, to those with the bad drywall. http://bit.ly/8zxcHi

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