Michael Nierenberg is at the helm of the executive leadership at New Residential Investment Corp based in New York. Though the leadership of Michael Nierenberg, the New Residential firm has been able to take advantage of the various investment opportunities in real estate investment trusts.
The New Residential firm is focused on targeting assets which generate stable long-term cash flows while employing conservative capital structures to create returns with different interest rates.
Before landing this position at New Residential, Michael Nierenberg was the head of Global Mortgages and Securitized Products and managing director at the Bank of America Merrill Lynch. Michael Nierenberg also headed the Global Securitized Products at JP Morgan while acting as the member of the bank management committee. He has also served several senior leadership roles for fourteen years at Bear Stearns.
Under the leadership of Michael Nirenberg, New Residential has turned its focus on excess mortgage servicing rights, residential mortgage loans, residential mortgage-backed securities, and other emerging investments.
These securities call for vigilance and natural instincts to succeed. Michael Nierenberg has reinforced the skills throughout the firm with a focus on the C Suites. The current success of New Residential is owed to the leadership of the executive team led by Michael Nierenberg. Click here to learn more