[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 197 Introduced in House (IH)]

111th CONGRESS
  1st Session
H. CON. RES. 197

Encouraging banks and mortgage servicers to work with families affected 
by contaminated drywall to allow temporary forbearance without penalty 
                  on payments on their home mortgages.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 8, 2009

   Mr. Nye (for himself, Mr. Wexler, Mrs. McCarthy of New York, Mr. 
     Wittman, and Mr. Buchanan) submitted the following concurrent 
 resolution; which was referred to the Committee on Financial Services

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
Encouraging banks and mortgage servicers to work with families affected 
by contaminated drywall to allow temporary forbearance without penalty 
                  on payments on their home mortgages.

Whereas since January 2009 over 1,300 cases of contaminated drywall have been 
        reported from 26 States and the District of Columbia;
Whereas noxious gases released from contaminated drywall can cause serious 
        health effects involving the upper respiratory tract, such as bloody 
        noses, rashes, sore throats, and burning eyes;
Whereas toxins released from contaminated drywall can corrode metals inside the 
        home, such as air conditioning coils and electrical wiring;
Whereas the dangers and health risks posed by contaminated drywall have forced 
        thousands of families out of their homes and into temporary living 
        situations, and many such families are unable to afford an additional 
        financial burden;
Whereas because of cases of contaminated drywall, some Americans who pay their 
        mortgages on time are now suffering from both financial problems and 
        health complications at no fault of their own; and
Whereas banks and mortgage servicers can help families affected by contaminated 
        drywall by providing temporary forbearance with respect to their 
        mortgage payments to help such families afford the costs of an 
        additional residence while they are removed from their primary homes: 
        Now, therefore, be it
    Resolved by the House of Representatives (the Senate concurring), 
That the Congress encourages banks and mortgage servicers to work with 
families affected by contaminated drywall to allow temporary 
forbearance without penalty on payments on their home mortgages.
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