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.
Pamela Minick, Actress: Cowboy Up. Pamela Minick is an actress and writer, known for Cowboy Up (2001), Necessary Roughness (1991) and Bucking Thunder (2002). She has been married to Billy Minick since May 29, 1983. See full bio Â»