Michael Nierenberg is the Chief Executive Officer, the President and the Chairperson of the New Residential Investment Corp. The company is one of the well-performing investment firms in the United States. It mainly ventures in real estate, event-driven situations, and long term investment businesses. It has experts who offer quality services such as investment servicer advances, offering associated call rights, investments on agency residential mortgage backed securities, providing excess mortgage servicing rights.The firm also provides returns which are used in growing and strengthening of dividends to shareholders. Nierenberg is the manager and the one responsible for all aspects of the company’s growth and prosperity.
He is a highly prolific investment officer and an entrepreneur in the United States. Michael Nierenberg has worked in many companies offering quality services and helping the companies leverage their profits and productivity. Michael plays an essential role in the investment sector, and he has helped many investment companies to scale to greater heights. Michael is a highly reputable investor and very proffessional businessman who holds a masters degree in business administartion.
Before he started working with New Residential Investment firm, Michael used to be a Managing Director of Fortress Investment Company., which is one of the leading investment firms in the United States. The firm’s affiliates serve as the external managers and advisors to New Residential Investment Corp. Initially he was a managing director at the Bank of America Merrill Lynch where he was also employed as the head of securitized products and global mortgages of the company.
Michael has also worked with JP Morgan Company assuming the position of the Head of Global Securitised products of the company. He was also included in the company’s board of directors. Prior to working with JP Morgan, Michael Nirenberg was working at Bear Stearns company where he served the firm for ten years. He has worked in the company assuming different positions some of them include: head of Global investments, head of global securitized mortgage backed trading’s, head of foreign exchange businesses, head of interest rates, and co-head officer of securitized products structures.
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