Currently serving as Managing Director at Fortress, Michael Nierenberg also serves as a Senior Executive Officer at New Residential, where he offers his expertise and experience in the mortgage servicing industry. It’s easy to see why his skills are highly prized by the mortgage real estate trust, that trades on the New York Stock Exchange ( NYSE:NRZ ). Visit Medium to know more about Michael Nierenebrg.
Besides having served as the company’s CEO and President since its inception in 2013, an effort to maintain management continuity by New Residential a strategy the company attributes to its success in an ever changing industry. Michael Nierenberg has helped shape mortgage trading through high profile leadership positions he has held at titans of industry. Visit Patch.com to know more.
Mr. Michael Nierenberg’s expertise was sort after by Lehman Brothers, where he spent seven years and was key to building the company’s adjustable rate mortgage business. He was hired by Bear Stearns, where he co-headed mortgage-backed securities trading, before serving as the head of Global Securitized Products at JP Morgan, then Bank of America Merrill Lynch in 2008.