AgentMortgage

Union workers eligible for mortgage relief

Many qualify for assistance during strike, layoff

While trying to understand the new Internal Revenue Service guidelines regarding the ability to deduct mortgage-insurance premiums, the topic of unemployment insurance surfaced with regard to the Hollywood writers' strike. How would the 10,000 members of the Writers Guild of America, along with the related surface industries affected by the walkout, afford to keep their homes if the three-month-old strike continued? Many union members are not aware that they could be eligible to receive mortgage payments or interest-free loans through a Union Plus Mortgage Program (1-800-848-6466) underwritten by Chase Mortgage. Other benefits, including health care, auto insurance and legal services, are available to AFL-CIO members under the Union Plus umbrella. Bank of America, GE Casualty, MGIC and Genworth Financial are among the other companies that have offered mortgage unemployment coverage. "Union members should contact their union leaders to see what services are available to ...

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