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.
Dancing with the Stars judge Len Goodman married his longtime girlfriend, dance teacher Sue Barrett, Sunday in London, The Daily Mail reports. Goodman, 68, and Barrett, 47, exchanged I dos at a surprise ceremony in front of 30 family members and friends. The couple have been together for more than 10 years.