Chinese Drywall Complaint Center Now Urges The Federal Court In New Orleans To Reopen The Knauf Tianjin Toxic Chinese Drywall Identification Period For Stuck Homeowners

(January 15, 2013)

(PRWEB) January 15, 2013

The Chinese Drywall Complaint Center says, "On Thursday January 9th 2013 we received a phone call from a retired US Navy officer, who had just discovered his home contained Knauf Tianjin toxic Chinese drywall in Southeast Louisiana, on Monday January 14th 2013 we received a call from a distraught woman in Florida, who had just discovered her home contains Knauf Tianjin toxic Chinese drywall. It is heartbreaking to know these, and many other homeowners are out there, especially when they ask is there any help for them, or their families. We are urging Judge Fallon on the Federal District Court in New Orleans to reopen the identification period for homeowners, who have recently discovered their home in Florida, Alabama, Mississippi, Louisiana, or Southeast Texas contains this specific type of toxic Chinese drywall." The Chinese Drywall Complaint Center believes the biggest problem with this proposed global settlement for homeowners stuck in a home with Knauf Tianjin toxic Chinese Drywall is, it only includes about one out of twenty victims, and they are urging the federal judge that oversaw this settlement to re-open the time to get all Knauf Tianjin homeowners identified by the court. The Chinese Drywall Complaint Center believes in its present form the Knauf Tianjin toxic Chinese drywall settlement looks like a back room deal, that not only leaves thousands of homeowners stuck on the curb, it also leaves taxpayers holding the bag for thousands of home foreclosures held by Fannie Mae, or Freddie Mac, and bank shareholders stuck with toxic Chinese drywall home foreclosures the bank should not resell. http://ChineseDrywallComplaintCenter.Com

The Chinese Drywall Complaint Center says in addition to reopening the identification period for homeowners stuck with Knauf Tainjun toxic Chinese drywall the following items need to happen with respect to the toxic Chinese Drywall catastrophe immediately:

"Banks, and or Fannie Mae/Freddie Mac continue to sell Florida, or Gulf States toxic Chinese drywall homes AS IS-with no meaningful disclosure about toxic Chinese drywall. Banks are actually offering financing on home foreclosures in Florida as example-that are known to contain toxic Chinese drywall- and as soon as the new buyer of the home foreclosure discovers it has toxic Chinese drywall the home frequently becomes a new foreclosure all over again."
"We have said it before, and we will say it again, the Toxic Chinese Drywall Disaster has always required meaningful federal leadership. To date there has been none. President Obama needs to immediately task the US EPA with coming up with an ironclad remediation protocol to repair a toxic Chinese drywall home."
"Banks, and Fannie Mae need to stop selling toxic Chinese drywall homes-AS IS. There needs to be an immediate moratorium on the resale of any toxic Chinese drywall home foreclosure until the US EPA establishes if these homes can even be repaired."
"At the present time the government of China will not take responsibility for their Taishan toxic Chinese drywall product in federal courts. This specific type of toxic Chinese drywall is in over 100,000 US homes in Florida, Virginia, and the extreme US Southeast. Many to most of these homes are now foreclosures. We believe the government of China should be forced to set up a trust account with a court appointed administrator to handle claims from homeowners who have lost it all in one of these toxic homes. This claims process should also include Fannie Mae, and banks that are stuck with one of these homes."

The Chinese Drywall Complaint Center will continue to do everything possible to call attention to the Toxic Chinese Drywall Disaster for US homeowners, their families, and the US taxpayers. The group continues to believe something needs to change with respect to the Obama Administration's handling of the toxic Chinese Drywall Disaster in the US Southeast, and even though its been nearly four years, President Obama's leadership would be welcomed-its long overdue. http://ChineseDrywallComplaintCenter.Com

(United States District Court-Eastern District of Louisiana MDL Case #2047)

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