Michael Nierenberg recently wrote a blogpost discussing obstacles in the mortgage investments industry. The investment world is always undergoing change. As the leader of an organization, one must constantly familiarize themselves with changing regulations. Failing to do so can result in loss of business and/or fines.
New Residential became a publicly-traded company seven years ago. Michael Nierenberg and NRZ have been hurdling obstacles and setting the standard ever since. One way they’ve accomplished this has been capital resourcing. Their ability to generate steady cash flow makes them appealing to any type of investor. Michael Nierenberg attributes NRZ’s success to breaking down traditional barriers. He believes that many companies lose out by sticking to norm and tradition of things. His view is that one must take calculated risks and push the boundaries of what standard is. New Residential is an industry-leader, servicing mortgages in all 50 U.S states.