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.
OMG! Congrats are in order for Amy Adams and Darren Le Gallo, who are officially a married couple! Aww! Amy Adams, 40, married her longtime love Darren Le Gallo, also 40, on May 2, after being engaged since 2008. The Golden Globe winning actress and the director, who began dating in 2001, said their âI doâsâ in an intimate ceremony, and weâre over the moon happy for them!