Mike Nierenberg and His Journey to New Residential Investment

Mike Nierenberg is a renowned name in the world of investments and securities, which is largely to do with his extensive experience in the sector.

Over his illustrated career, Nierenberg has worked with revered institutions in the investment and financial world.

He started one of his first notable jobs at Lehman Brothers, where he was credited with shaping up the firm’s adjustable rate mortgage products. After his seven year tenure at Lehman Brothers, he went on to join Bear Stearns.

At Bear Stearns, Mike Nierenberg once again proved himself to be a competent addition to the organizations overall team. He quickly rose in the ranks within the firm and went on to serve in the roles of its head of interest rate and foreign exchange trading operations; co-head of mortgage-backed securities trading; and co-head of structured products.

After completing 14 years at Bear Stearns, it was time for Mike Nierenberg to explore even greener pastures, which he found with an opportunity at JP Morgan. At the investment bank, Nierenberg went on to become the head of global securitized products while also securing a spot within the institution’s management committee.

Mike Nierenberg then joined the Bank of America Merrill Lynch, where he became the head of global mortgages and securitized products. Afterwards, he served as the managing director at Fortress Investment Group.

And then came the time for him to land the roles of president, chairman and chief executive officer at New Residential Investment, which specializes in residential investment and financial products.

Mike Nierenberg currently continues to fulfill his responsibilities at the real estate investment trust, and aims to drive it to new heights of success. He also provides financial tips over the internet from time to time for people to benefit from them.