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 has been the recipient of numerous Sports Emmy Awards for his work with Fox Sports, including his roles as lead play-by-play announcer for the network's National Football League and Major League Baseball coverage. Joe began his broadcasting career in 1989 while he was an undergraduate at Indiana University.