News Sections
Safeguard In The News
Safeguard Properties Promotes Five Staffers to New Positions
more
Media American Banker "Seizing the Wrong Home: Rare, But a PR Nightmare"
more
Managing REO "Confusion Mounting over PTFA"
more
ACA Sections
Hot Topics
FEMA
Property Preservation
Code Compliance
HUD
VA
Freddie Mac
Fannie Mae
Hurricane Katrina
Subscribe

Receive the latest All Client Alerts in your inbox. Click here to subscribe!

RSS NEWSFEED
RSS Safeguard's All Client Alerts, delivered to your desktop.
Chinese Drywall US Senate Hearings
Sunday, 17 May 2009

As discussed in the below article from the Herald Tribune, the U.S. Senate is scheduled to hold its first hearing on the issue of tainted drywall, tied to extensive corrosion in hundreds of homes in Florida and elsewhere, and blamed by many homeowners for health problems.

Congressional hearing set on Chinese drywall 

The U.S. Senate is scheduled to hold its first hearing on the issue of tainted drywall, tied to extensive corrosion in hundreds of homes in Florida and elsewhere, and blamed by many homeowners for health problems.

The Senate Committee on Commerce, Science, and Transportation formally announced Thursday morning that a hearing on tainted Chinese drywall will take place next week on Capitol Hill.

The hearing will be held Thursday at 10:30 a.m. by the committee's Subcommittee on Consumer Protection, Product Safety and Insurance.

Florida Sen. Bill Nelson, who has been outspoken regarding the issue of defective drywall, sits on the subcommittee, and his office has been working to arrange the hearing for several weeks. The subcommittee is chaired by Arkansas Democrat Mark Pryor.

Christopher Day, Nelson's legislative counsel, said the witness list is being formulated, and that Nelson's office is in contact with the Consumer Product Safety Commission, Environmental Protection Agency, Centers for Disease Control and Prevention, and the Florida Department of Health regarding potential officials from those agencies who may be asked to participate.

Nelson is also trying to arrange for affected homeowners to testify. One of them is likely to be Kristin Culliton, a Lakewood Ranch homeowner who the Herald-Tribune reported on this year. Her Taylor Morrison house in the Greenbrook neighborhood has experienced extensive corrosion and foul odors tied to Chinese drywall manufactured by Knauf Tianjin.

Nelson visited Culliton's home last month during a tour of several homes built with tainted Chinese drywall. Nelson said he began to feel sinus and respiratory discomfort after spending time inside her house.

Nelson, along with Sen. Mary Landrieu, D-La., has introduced legislation calling for immediate testing to determine the effects of the drywall and for a recall of the tainted material to be issued by the CPSC.

Both senators, along with Rep. Robert Wexler on the House side, have also asked Congress to include $2 million in emergency funding for expedited testing.

The potential scope of the Chinese drywall problem could be huge. A Feb. 1 Herald-Tribune analysis of shipping records found that more than 550 million pounds of Chinese drywall entered the country through more than a dozen U.S. ports since 2006, enough to build 60,000 average-sized homes.

At least two American drywall manufacturers are also in disputes with Florida homeowners about corrosion and odors in their homes, which contain only domestic wallboard. Both domestic producers, Charlotte, N.C.-based National Gypsum and Atlanta-based Georgia-Pacific, have denied their products are to blame.

To view the online article, please click here.
About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.