The New Residential Investment Corp. is a real estate investment trust that is available for public trading. And the New Residential Investment Corp. is focused on managing and investing in residential real estate. New Residential Investment Corp. is a company that is ready to take high risks in order to build high profit as well. The investments of New Residential Investment Corp. usually is spread between non-Agency residential mortgage backed securities or what they call “RMBS”, Associated Call Rights and Excess Mortgage Servicing Rights or “MSRs”.
It is known and proven that the investment expertise and the prowess of New Residential Investment Corp. in the industry isunparred with. New Residential Investment Corp. focuses on long term cashflows that can generate a significant and certain income in the future.
New Residential Investment Corp. is ran by Michael Nierenberg. He is the current Chairman, Chief Executive Officer, and President of New Residential Investment Corporation. Under Michael Nierenberg’s leadership of New Residential Investment Corp., it is now currently valuated at about 14 million dollars with about a million dollars in equity value.
Michael Nierenberg is such an effective leader because of his extensive experience and knowledge in different approaches for investments because of his past experiences with other companies. He has served in the biggest names in the investment industry and he is already a household name in the industry.
Michael Nierenberg is not only an excellent business man, he also forwards his philanthropy and he is an active member of the community. Michael Nierenberg is also the current chairman of the Samuel Waxman Cancer Research Foundation. The Samuel Waxman Cancer Research Foundation is one of the front runners in developing and innovating treatment and technologies that focus on reprogramming the behavior of cancer cells. The scientists of the Samuel Waxman Cancer Research Foundation were the pioneers in sing differentiation therapy to cure an acute form of leukemia. The Samuel Waxman Cancer Research Foundation still continues to work in forwarding newer technologies in curing different kinds of cancer and the Samuel Waxman Cancer Research Foundation supports other organizations that are also focused on developing new treatments for cancer.
Michael Nierenberg’s: Twitter