Three US senators are asking Fannie Mae and Freddie Mac for the same six-month mortgage relief being offered to Virginia homeowners struggling with Chinese drywall. Florida Sens. Bill Nelson, a Democrat, and George LeMieux, a Republican, and Sen. Mary Landrieu (D-La.), wrote a pair of letters Wednesday asking for the assistance for Florida and Louisiana victims. Last week, Fannie Mae waived mortgage payments for the Virginia homeowners in response to a request from US Sen. Mark Warner (D-Va.). Many drywall victims are unable to afford both rent and their mortgage if they want to escape their homes until they can be repaired and cleaned.
1 minute readSenators seek mortgage hiatus for homes with Chinese drywall
April 16, 2010, 1:22pm
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
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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
