Chinese drywall victims face new hurdle

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http://hamptonroads.com/2014/08/chinese-drywall-victims-face-new-hurdle



Photographed on Aug. 22, 2104, Jerry and Inez Baldwin have been in this Williamsburg home for a year after leaving their previous house that contained Chinese drywall. The settlement money the couple received will likely have to be shared with lender Fannie Mae.

Chinese drywall victims face new hurdle
By Sarah Kleiner Varble
The Virginian-Pilot
© August 24, 2014

Jerry and Inez Baldwin had been counting on getting a small sum of money from the settlement of a class-action lawsuit involving toxic Chinese-made drywall.

The proceeds would amount to nowhere near the $180,000 that the Williamsburg couple lost after fleeing their contaminated home in June 2013, but it was the only money related to the defective wallboard that was set to come their way.

Now, though, mortgage giant Fannie Mae has staked a claim to their money - and that of nine other Virginia families whose walls seeped hydrogen sulfide into the air, sickening them and ruining air conditioners, wiring and other metal objects.

Jerry Baldwin said he and his wife, who moved into their home in 2006, were blindsided.