Defective drywall was imported in large quantities and used by some homebuilders and contractors during the housing boom and after the Gulf Coast hurricanes in 2005. The defective drywall has been linked to possible health effects and has been reported to cause corrosion of electrical wiring, appliances, heating and air conditioning systems and other fixtures.Fannie Mae's "Unusual Hardships" policy will go into effect in mid-July, and additional details will be made available at that time on www.efanniemae.com.
Fannie Mae Policy Will Provide Immediate Relief For Homeowners With Problem Drywall
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