U.S. Bill Calls for Probe of Chinese Drywall

The first piece of federal legislation related to defective Chinese drywall has been passed by the U.S. House of Representatives, the Sarasota Tribune reports. The bill calls for an investigation into the effect of defective Chinese drywall on foreclosures. More specifically, legislators want to know how many home foreclosures involve Chinese drywall imported from 2004 to 2007. "Defective Chinese drywall is taking its toll on thousands of home owners," said Rep. Vern Buchanan, R-Longboat Key, Fla. The measure also calls for federal agencies to study whether property insurance covers homes with defective drywall. The bill was tacked onto the Mortgage Reform and Anti-Predatory Lending Act. It must be approved by the Senate.

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