For homeowners who have suffered from illnesses or corroded pipes due to defective Chinese drywall and are unable to live in their homes, Freddie Mac is offering a temporary solution.
If you have a Freddie Mac-owned mortgage then you may be able to have your mortgage loan payments reduced up to six months or temporarily suspended up to three months while either getting the drywall removed or repairing damage such as metal corrosion. Everyone will not be guaranteed a reduction or suspension of payments, however, and the benefit will be distributed at each loan servicer’s discretion. (Financial News USA)
The Building Envelope Science Institute (BESI) endorsed a remediation protocol back in October 2009 that more than exceeds the recommendations by the CPSC & HUD interim remediation guidance and is aligned with the court’s ruling in the MDL-2047 litigation case (and even more comprehensive).
The protocol offered through BESI provides (to-date) the most comprehensive remediation process and was developed based on proven science; nicknamed the “BESI System” because of the institute’s endorsement. The protocol for remediation of defective drywall being offered by BESI considers the following major factors: corrosion, cross-contamination of other building materials, personal belongings, IAQ monitoring program, a proposed national warranty (not an insurance policy), and removal of the stigma from having defective “corrosive” drywall.
In fact, the institute has been certifying qualified candidates for inspection and remediation of structures with defective drywall since last year. Those that have earned a designation as a remediator or consultant through the institute have attended a two-day course with a written final exam; inspectors attend a one-day course with a written final exam. There are prerequisites they have to meet, which includes being in good standing with the state if they are licensed (required for those performing remediation).
It’s good to know that if your home was remediated under this protocol that it would not require more work in order to meet the CPSC & HUD interim guidance. The Institute has a document that helps explain the protocol called, “The BESI System: Understanding the Protocols for Defective Drywall” which is posted on the website. The Institute has a “Nationwide Directory” that currently allows individuals to locate BESI certified inspectors and remediators for defective drywall.
More information about the protocols and requirements can be found at http://www.BESInstitute.org.
In fact, the institute has been certifying qualified candidates for inspection and remediation of structures with defective drywall since last year.
Manolo blahnik
Economic problem is very complex
Rosetta Stone
We need to be very carefull.
Jimmy choo