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.
On Wednesday, it was revealed that the Joe Scarborough and Mika Brzezinski, the co-hosts of MSNBCâs âMorning Joeâ, are engaged to be married. Both have children from previous marriagesâ Joe has three sons and one daughter, while Mika has two daughters.