Law to Reduce Crack Cocaine Sentences Leaves Some Imprisoned

WASHINGTON — Lazelle Maxwell, 48, is nearly 12 years into a 30-year sentence for a nonviolent crack cocaine charge, a penalty exacerbated by previous run-ins with law enforcement that led to his designation as a career offender. Three years into remission after a diagnosis of prostate cancer, Mr. Maxwell has no major disciplinary infractions on his […]

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U.S. mortgage rates reach historic depths below 3%: Freddie Mac

NEW YORK (Reuters) – U.S. 30-year fixed-rate mortgages fell below 3% for the first time in nearly 50 years, according to data released by Freddie Mac (OTC:) on Thursday. The 30-year mortgage rate fell to an average of 2.98% with an average 0.7 point, from 3.03% in the prior week. Prior to this week, such […]

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US long-term mortgage rates hit all-time low again

Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever By The Associated Press July 2, 2020, 3:00 PM 2 min read 2 min read Share to FacebookShare to TwitterEmail this article SILVER SPRING, Md. — Long-term U.S. mortgage rates fell this week with the benchmark 30-year […]

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Former Cubs executive E.R. ‘Salty’ Saltwell dies at age 96

E.R. “Salty” Saltwell, who served in several roles for the Cubs over a 30-year career, including general manger in 1976, died Sunday at age 96, the team announced. Saltwell began with the club in 1958 and in addition to his year as GM, worked as concession manager, traveling secretary, assistant secretary, assistant treasurer, secretary, vice […]

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Prudential Financial to suspend applications for 30-year term life insurance policies

(Reuters) – Prudential Financial Inc (N:) will temporarily suspend taking applications for 30-year term life insurance policies, effective April 13, a spokeswoman said on Friday. The suspension, which will last until June, is in response to “unprecedented market volatility over the past month and the anticipated low interest rate environment for the foreseeable future,” Prudential […]

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