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.
Joe Buck was born in Florida where his father was a broadcaster. He started to broadcast when he was still undergraduate in Indiana University. He was married to Ann Archambault. Their marriage started in 1993 and their divorce was finalized in 2011. They had 2 children together.