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Last month, US Assistant Treasury Secretary Mary Miller accused Standard & Poor’s of underestimating “the ability of America’s leaders to come together to address the difficult fiscal challenges facing the nation” when the credit rating agency cut its outlook on US sovereign debt.

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Each month, National Mortgage Professional Magazine will focus on one of the industry’s top players in our “Mortgage Professional of the Month” feature. Our readers are encouraged to contact us by e-mail at newsroom@nmpmediacorp.com for consideration

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Nathan A. Benefield Imagine for a minute that you, like many Pennsylvanians, had your hours and pay cut back at work. You’ve been building up credit card debt month after month, and had to renegotiate your mortgage payments to make ends meet. Now suppose you found a $100 bill lying in the street. Would you use [...]

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The world famous Budweiser Clydesdales will clip-clop their way along Nashua’s Main Street next month, making their triumphant return to the 17th Annual Taste of Downtown event. The Great American Downtown, a non-profit downtown advocacy group that holds the tasting event, hired the equines to kick off the June 1 event. The horses, led by the New Hampshire Police Association Pipes and Drums, will leave from Club National on Pine Street at 5:30 p.m. and make their way through the downtown, weather permitting. The clydesdales for years were part of the Taste of Downtown and the Holiday Stroll, but it became more complicated to hire them with purchased Budweiser a few years ago, according to Sue Butler, executive director of Great American Downtown. The horses lend another layer of atmosphere to the event, she said, which is really what the Taste of Downtown is all about. “They’re just a sight to see. There’s just something about them.

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Treasury yields touch the lowest in more than a month, as investors felt more comfortable with the outlook for the Federal Reserve’s monetary policy.

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Britons who buy, rather than rent, a home are saving £100 a month due to cheaper mortgage costs.

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WASHINGTON – China, the biggest buyer of U.S. Treasury securities, trimmed its holdings for a fourth straight month in February, and Japan boosted its holdings one month before a devastating earthquake hit the country.

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Erica Ross Women’s History Month is celebrated annually in March. Prior to 1987 Women’s History was only celebrated for one week in March, but Congress expanded the week into a month at the request of the National Women’s History Project…. March 19, 2011

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WASHINGTON (MarketWatch) — U.S. consumers increased their debt in January, the fourth straight month of gains, the Federal Reserve reported Monday. In January, total seasonally adjusted consumer debt increased $5.0 billion, or a 2.5% annualized rate, in January to $2.412 trillion, a gain close to Wall Street expectations. December consumer credit was revised to a $4.1 billion increase compared with the initial estimate of a $6.0 billion rise. After rising in December for the first time since August 2008, credit card debt declined in January, falling $4.2 billion or 6.4%. Non-revolving credit, such as auto loans, personal loans and student loans, increased $9.3 billion or 6.9% after a $2.1 billion rise in the prior month.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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Britain’s Treasury will set a legal framework next month to create a floor price for carbon emissions, the UK government has announced.

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