As homeowners pay down mortgage principal early, refinance their mortgages, or default on their loans, the payments to bondholders fluctuate. The name given to these bonds that investors buy is mortgage-backed securities, or MBS for short.
Fox Sports broadcaster Joe Buck (right) married his fiancÃ©e, NFL Network reporter and host Michelle Beisner, over the weekend in a wedding ceremony in Cabo, Mexico. Photo: Reuters.
Gus McCrae: He married a fat widow over on the Blanco River, and had a passel of kids. Now you might as well have done the same thing yourself, since you don't want to chase buffalo. Pea Eye Parker: Well I don't believe I'd want to chase buffalo even if I was married. Gus McCrae: Forget I even mentioned it, Pea.