In May 2016, Michael was named to be the chairperson of the board, and in 2013 he was appointed to be the president and the chief executive officer. Before becoming a top executive officer of the New Residential Investment Corp, Michael Nierenberg was a top executive officer and the head of the global mortgages at the Bank of America. Throughout his career, Nierenberg has held various positions in different companies including senior leadership positions in the finance and mortgage industry.

Using Excess Mortgage Servicing Rights as Assets by Michael Nierenberg

In his career, Michael Nierenberg continued to support the investment potential for the excess mortgage servicing rights for the past few years. As the chief executive officer, the president and the board chairperson of the New Residential Investment Corp, Michael has been a leader and innovator in residential mortgage loan and investment market.

According to Michael Nierenberg, one of the essential roles for a successful manager is to look for and find the undervalued properties on an ongoing basis. For the mortgage servicing rights, two primary needs for finalizing purchases of the specialized property are the strong long-term enterprise relationships and adequate capital resources. For complex investment assets like excess mortgage servicing rights, it’s crucial to have a deep understanding of both limitations and benefits.

Some of the benefits of investing in excess MSRs and mortgage servicing rights include new and substantial asset opportunities, potential to minimize impacts of the interest rate fluctuations, high-quality income flow opportunities and creation of opportunities due to lack of understanding. The limitations include lack of essential business partnerships which can prevent MSR transactions.

Solutions for the Residential Mortgage Investments

For the past few years, residential mortgages have been viewed as a complex financial issue and not an investment opportunity. Michael Nierenberg and the New Residential Investment Corp have proven to be noteworthy exceptions by creating innovative and helpful solutions for residential financial markets.

According to Nierenberg, many investors and residential mortgage-backed securities have been major problems and therefore overlooked as the potential properties for investment portfolios. Active portfolio management style is the only solution for residential mortgage investments.


Shervin Pishevar is not the type of person to hold back when he has an opinion. In February 2018, he spent 21 hours ranting on Twitter about a variety of economic and business topics. Here are a few of the highlights from those tweets.

You Don’t Need To Be In Silicon Valley Anymore

There is no need to base your company in Silicon Valley if you want to be a successful entrepreneur. Instead, all you need is the ability to create a product or service that meets the needs of your target market. Shervin Pishevar thinks that being a business owner has become a viral concept that knows no physical boundaries.

American Infrastructure Could Be At Risk

Shervin Pishevar is critical of the fact that the United States lacks a long-term vision when it comes to infrastructure. He said that the Chinese recently built a train station in nine days. However, the United States isn’t able to do that because they don’t have consistent protocols when it comes to building bridges, roads or bus terminals. If this problem isn’t corrected soon, it could mean the end of the United States as the sole superpower in the world.

The Stock Market Could Be Volatile in 2018

Both the stock and the bond market are likely to be volatile throughout 2018 for a variety of different reasons. The thing that investors should know is that there could be a significant correction of up to 6,000 points. If you are looking for a safe place to put your money, buy gold instead of bonds.

It may also be a good idea to sell equities to lock in profits before the correction takes place. Bitcoin investors should be ready for the price of the currency to fall to as low as $2,000 a coin in the near future. At this price point, Shervin Pishevar sees the currency once again increasing in value.

How Randal Nardone has Transformed Fortress Investment Group with Two Decades of Innovative Leadership

Since its foundation in 1998, Fortress Investment Group prides itself as an industrial trendsetter. The 2007 entry of the company to the New York Stock Exchange raised the eyebrows of many industrial players. This entry marked the first time a private equity company of such colossal scale was going public on NYSE. But with barely a decade of industrial presence, it was the innovative leadership style of the firm’s founders that propelled its success.

Fortress Group Principals

In 1998, financial experts joined their efforts in founding the Fortress Group. These experts included Randal Nardone, Wes Edens, and Rob Kauffman. While Kauffman retired from his position in 2012, the remaining two principals have been managing the company as principals. As Edens chairs the Fortress board, Nardone has been the company’s chief executive officer since 2013.

Nardone’s Educational Background and Early Career

Even though Nardone is a prominent figure in the investment sector, he is a law graduate and didn’t study investment-related courses. He schooled at the Boston University School of Law where he graduated with a Juris Doctor. He also holds a BA degree in English and Biology from the University of Connecticut.

With a degree in law, Randal Nardone began his law career with the Thacher Proffitt & Wood Law Firm. He then worked with BlackRock Financial Management before joining UBS as a Managing Director.

Tenure of Nardone at Fortress

Since 1998, Nardone has been part and parcel of Fortress Investment Group. The one-time #557 self-made billionaire according to Forbes (with over USD 1.8 billion) has helped transform the company into a leading alternative assets manager globally.

In the two decades at Fortress, Randal Nardone has seen the company diversify its services to cover capital markets, mergers and acquisitions, managing operations, hedge funds investments, and investing in assets. The firm now amasses more than USD 43 billion from its assets.

Other Roles

Apart from running Fortress, Randal Nardone has roles in multiple boards and institutions. For instance, he is the Director of Springleaf Holdings and Brookdale Senior Living, Executive Manager of the New Residential Investment Corporation, and the Director of Gagfah. Meet Fortress Investment Group’s Ex-Billionaire Interim CEO


A stong indicator of a good business is that it is not uncouth in its dealings with both clients and its workforce. It is also an added asset that the company is consistent in its public claims, fecund creative ideas, and indelible transparency. A company that has these assets can stamp itself in the industry in the strongest possible way, and can guarantee its survival amidst competition. One of the surviving and most robust companies today that have stood the test of time is Fortress Investment Group.

 The Core Competencies

It’s not hard to describe the core competencies of a company such as Fortress Investment Group, considering that it is robust, rational and intelligent enough to have survived the market for at least ten years already. Truly, the core of Fortress Investment is in its cunning, its sheer talent to find solutions for people who want their money, assets and wealth to grow in the most fantastic levels. With strengths and services in private equity, credit, loans and permanent capital vehicles, Fortress is able to use its fecund ideas to make sure that their clients get the money growth they want and avoid the dearth of attitudes that are left to those who do not dream big.It is also another strength of Fortress Investment Group to be able to be acquired by SoftBank Group Corp, for about $3.3 billion in cash. With such acquisition, it may not be hard to understand the future of Fortress Investment.

This purchase would mean more Fortress shares for the right stakeholders, and more job generation that may not be hard to pin down when you’re not doing as good as Fortress.However, it should be noted that Fortress would still be operating under a sense of independence from the cordon of control from SoftBank. With Principals Pete Briger, Randy Nardone and Wes Edens, Fortress will continue as a company that withstands the challenges of the modern changes in the market without sacrificing the quality of service they offer to the global landscape.The merge with Softbank also means that Fortress would get a lot of access to networks and information platforms that could strengthen the ways it can generate asset growth for their clients. There is currently a shortage of supply of new information on ways to increasing clients’ assets, but with the work that Fortress does, it may be easy to do this without risking the core assets of the company that makes Fortress survive.

About Fortress Investment Group LLC

Fortress I.G., LLC is now one of the topnotch and leading investment firms with diversified global assets and strategies that span about $36.1 billion in profit volume, which are calculated since September of 2017. The company was founded in 1998, and it has right now about 1,750 diligent and trustful clients from various investors across the globe. We can also read from authority sites a list of nothing but praise from the employees of Fortress to the way the company has treated the workforce since its inception.

In the modern times, investment has become a recent trend owing to the growing state of the economy. Today, almost everyone understands the need to invest their savings rather than keep them in a dormant state. However, owing to the daily bustles, most individuals find it difficult to figure out the suitable investment to place their wealth and hence falling victims of a scam.

On an investor’s point of view, wealth/investment management can be termed as the mathematics of investing his/her savings to enhance his/her financial situation. However, on a financial advisor’s perspective, investment management is usually the ability of an advisor to provide a full range of financial services or in words funds in which an investor can place his/her money.

Investment advisors are expected to have detailed information regarding every financial fund available in the market. However, to avoid complexity, many of the investors ought to specialize in financial products they can easily relate. Besides, being in the industry for an extended period gives most advisors such as Mathew Autterson the confidence to handle any financial fund with much ease.

About Matthew Autterson

When it comes to listing the top best investment professionals, the name Matthew Autterson always appears among the top ranked. Mr. Autterson boasts of being in the investment field for more than two decades. The Denver-based financial advisor works as the principal wealth advisor at WIN Wealth Management. As the principal, Autterson’s primary duty has been to assist clients to adjust their investment strategies to move along with their financial goals.

Besides, Matthew Autterson partnered in the establishment of Winterscheidt & Autterson, LLP., a well-established CPA firm based in Denver. Matthew Autterson schooled at the Buena Vista University where he graduated with a Bachelor’s degree in Accounting. Before venturing on his own, Mr. Autterson was working with one of the largest financial advisors located in the state of Minnesota as the vice president.