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.
Brickell is Simon's third wife. He has a son with his first wife, Peggy Harper, whom he married in 1969 and divorced six years later. He was briefly married to actor Carrie Fisher, whom he divorced in 1984 after one year of marriage. The pair, however, dated on and off for nearly a decade after their divorce.