Michael Nierenberg is the current chairman of the New Residential Investment Corporation. The New Residential Investment Corporation focuses on the management of residential real estate invesmtents and they operate in public trading of real estate investment trusts. The New Residential Investment Corporation focuses on investing on high performing and high risk investments which usually gravitate to associated call rights, servicer advances, excess mortgage servicing rights and non-agency residential mortgage backed services.
One of the goals of the New Residential Investment Corporation is to maximize skillfulness and prowess in the investment industry and use this to deliver excellent numbers to their shareholders. The New Residential Investment Corp. is set to drive very significant dividends to their shareholders. The New Residential Investment Corp. targets various investments and assets to be able to provide multiple channels of income for both the company and the shareholders. The New Residential Investment Corp. eyes stable cash flows that can last on the long run and also eyes conservative capital structures that can reel in significant numbers of returns in different interest rate environments. The New Residential Investmenr Corp. deeply understands the volatile and dynamic nature of US market which is why they can respond accordingly.
All thanks to the excellence in business of Michael Nierenberg, the company has been elevated into a 14 million dollar valuation with 1 million in equity valuation. The company is now performing better than ever thanks to the leadership of Michael Nierenberg and his team members, of course.
Michael Nierenberg has extensive experience in the industry of managing investments. Michael Nierenberghas also served as managing director in another high profile firm, Fortress. And Michael Nierenberg has also served as managing director and head of securitized products and global mortgages at the Bank of America – Merrill Lunch. Michael Nierenberg handled all activities that was related to sales and trading within his division. Michael Nierenberg has also served as head of Global Securitized Products in JP Morgan. And before he hs served in JP Morgan, he has a 14 year venture as a senior leader in Bet Stearns, he served here as the head of interest and foreign exchange trading operations.
About Michael Nierenberg: ir.newresi.com/CorporateProfile