Welcome to Bond Investment Mentor! This is a podcast dedicated to helping community financial institutions master the art of fixed income investments.  In this episode:Review of Economic & Finance NewsJune Federal Open Market Committee (FOMC) MeetingYield Curve Control (Brookings Institution Article)May Employment Report (Joe Weisenthal Article)NBER Recession AnnouncementIntro to Mortgage-Backed Securities (MBS)What are MBS?Key TermsFactorWeighted Average Coupon (WAC)Weighted Average Maturity (WAM)Weighted Average Loan Age (WALA)Weighted Average Life (WAL)What is Prepayment?If you have questions about anything covered in this episode, please email me at Chris @ BondInvestmentMentor.com.Do you know someone who could benefit from this information?  Please share this episode and podcast with them!You will find more articles, tips and resources about fixed income investing and portfolio management at BondInvestmentMentor.com.  Check it out!Let’s Connect via Social Media!LinkedIn:  Christopher Nelson, CFAFacebook:  Bond Investment Mentor