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Maryland leaders consider program to help fired federal workers manage mortgage payments

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Maryland leaders consider program to help fired federal workers manage mortgage payments


Maryland is home to approximately 150,000 federal employees and thousands of them have already lost their jobs as DOGE continues to make federal cuts to the workforce. Now, many are at risk of losing their homes and leaders in Prince George’s County are looking for ways to help. 

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Local perspective:

It’s an uncertain time for federal workers — if they have not already been part of the mass layoffs, many are questioning their job security. This poses not only a problem for how to pay their mortgages but for the lenders that receive the funds.

The Prince George’s County Council passed a resolution to ask Gov. Wes Moore to help families avoid foreclosure. Knowing more job cuts are coming, they are being proactive with this as one of many initiatives. It doesn’t forgive the debt but allows the homeowner and lender to have conversations about a payment plan.

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“How can we implement it so it is a win-win for not just our federal displaced federal employees but the lender, because there’s going to be money held up that they will not receive,” said Calvin Hawkins, Prince George’s County Council Member at-Large.

They have not yet heard from the governor’s office but Hawkins said it will likely take another two months to implement and then in the third month they plan to be prepared to work with the resident and the lender.

Laid off federal workers could get hiring preference in Montgomery County bill

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What they’re saying:

FOX 5 asked people for their thoughts and found out almost everyone knows someone impacted by the cuts.

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“I think it’s a great idea. I mean, if we can keep them in their house and not be homeless, like, that works for me,” resident Jason Byrd said.

“One of my friends, she just lost her job two weeks ago and…you know, I imagine she’s going to be struggling,” said Nadie Shoenam. 

Hawkins said the proposal has been mostly met with support, although there are some that have reservations about the financial impact it will have at the local and state level. But that is where they intend to get the lenders in on the conversation early to work out a plan.

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“The few that have reservations in this fiscal situation we find our Dire Straits of physical state and at the local level, which is more concerned what kind of financial impact this more important is working with the mortgage lender to see how much they work with us helping these Individuals

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Maryland

Combination of cold and snow coming to Maryland

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Combination of cold and snow coming to Maryland




Combination of cold and snow coming to Maryland – CBS Baltimore

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Powerball jackpot grows to $1 billion as Maryland’s $1 million ticket winner awaits claim

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Powerball jackpot grows to  billion as Maryland’s  million ticket winner awaits claim


A Powerball ticket sold in Lanham has made one lucky player $1 million richer following Wednesday night’s drawing.

The ticket, which matched all five white balls but missed the red Powerball, is one of three significant wins in Maryland from the Dec. 10 drawing. The other two winning tickets include a $150,000 prize in Hughesville and a $50,000 prize in Bel Air.

The $1 million ticket was purchased at the 7-Eleven located at 7730 Finns Lane in Lanham, Prince George’s County.

Meanwhile, the $150,000 ticket, which included the Power Play option, was sold at the Jameson-Harrison American Legion Post 238 in Hughesville, Charles County.

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The $50,000 ticket was bought at Klein’s Shoprite on North Main Street in Bel Air, Harford County.

None of these winning tickets have been claimed yet, and the Maryland Lottery is urging winners to sign their tickets and store them safely. Prizes over $25,000 must be claimed by appointment at Lottery headquarters within 182 days of the drawing date.

The Powerball jackpot, which has not been won since Sept. 6, has now rolled over to an estimated annuity value of $1 billion, with a cash option of $461.3 million for the next drawing on Saturday night. This marks the seventh-largest jackpot since Powerball began in 1992.

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For more details on the winning tickets and other information, visit the Maryland Lottery’s website.



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Wintry weather returns to Maryland this week

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Wintry weather returns to Maryland this week




Wintry weather returns to Maryland this week – CBS Baltimore

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