Michael Nierenberg Focuses on Mortgage Servicing Rights

Qualified mortgage protection was implemented last 2014 in January where it gives legal protections for the lenders who will be able to follow rules and regulations from the Consumer Protection Act as well as the Dodd-Frank Wall Street Reform. There are certain requirements to follow and it will be based on the income, assets, and debts of the borrower to know if he or she is eligible or qualified to pay the lender back. It also requires that the borrower has not accepted or received monthly debt payments that are more than necessary of the pre-tax income as well as not being charged with more than 3% in origination fees and points by the lender, and last but not least, if the loan that has been issued is not overpriced and considered risky. This rule was developed in order to enhance the quality of loans that are issued in the foremost market and are currently available for trading in subordinate markets. In addition to this, lenders should have specific protections regarding their qualified mortgages for only a few qualified mortgages will qualify for sale in a subordinate market.

According to Michael Nierenberg, his company knows how to incorporate securities and protection for non-qualified mortgages when it comes to investing or current business.

Benefits of Non-Qualified Mortgages

CEO Michael Nierenberg is happy to say that New Residential Investment Corp. specializes in meeting the standards that are built by the federal government agencies and understanding that the traditional process of mortgage loans might be unyielding. Michael Nierenberg focuses on increasing the number of mortgage choices for loans that are beyond traditional methods. He saw how qualified mortgages have been a rising problem within the country, and what makes his strategy for non-qualified mortgages effective is the various and flexible processes that they require and better underwriting guidelines.

After a recent interview with Michael Nierenberg, it can be seen on the recent data that has been published by a worldwide credit rating agency that the figures for loan performance on qualified mortgages and non-qualified mortgages are approximately equivalent. However, all of the late payments will have different rates due to delinquency.

Michael Nierenbergs New Residential Investment Corp. is in Constant Motion in the Residential Real Estate

Michael Nierenberg is the President, Chairman and CEO of New Residential Investment Corp., a successful real estate investment trust (REIT). But what is a REIT? A REIT is a firm that operates, owns, or finances income-generating real estate. If you’re an investor in REIT, you will get an opportunity to invest in various consolidated assets that would otherwise not be available to conventional investors.

Michael Nierenberg started the New York-based company which targets investments in residential mortgage backed securities, excess mortgage servicing rights, residential mortgage loans as well as other related portfolios in 2011. It recognizes that when you invest in the real estate sector, you invest in a neighborhood and community. With many American homeowners not liking outright ownership anymore, real estate investment trusts such as New Residential Investment Corp. came in to help people and families to create a home or a business without the worry of ownership on their way.

While it is generally difficult to choose the right REIT for you, the decision is easier when it comes to the publicly traded New Residential Investment Corp., a subsidiary of Fortress Investment Group. It focuses on managing investments mainly in residential real estate. It aims at leveraging its investment expertise as well as know-how to drive their investors’ dividends higher going into the future.

The company which is listed on the New York Stock Exchange as NRZ specialize on strong-risk adjusted returns like Servicer Advances, Excess Mortgage Servicing Rights, associated call rights, and non-agency residential mortgage backed securities. New Residential Investment Corp. also leverages a solid leadership team that understands the in’s and out’s of the residential housing market to meet its goals.

The company’s success can be partly attributed to the competent leadership team led by Michael Nierenberg. Prior to NRZ, Michael Nierenberg was a managing director and head of Global Mortgages and Securitized Products at Bank of America Merrill Lynch. He served at JP Morgan as head of Global Securitized Products as well as a member of the management committee of the investment bank. He also held various prestigious executive positions at Bear Steams. The positions include co-head of mortgage-backed securities trading, co-head of structured products, and head of interest rate and foreign exchange trading operations. He later appointed to the Bear Steam’s board of directors.

To know more visit @: www.corporationwiki.com/p/ia2v9/michael-nierenberg

Stream Energy: The Company the Cares to their Community

A wise man once said that the day that we stop helping each other is the day that we lose our humanity. As humans, not only are we stewards of nature and caretakers of nature – we are also responsible for each others’ welfare. We are supposed to take care of one another and be selfless – a concept that some of us might have already forgotten. However, there are still some individuals in this world that desire to promote and help other people out willingly and out of the kindness of their own hearts, and are normally in the form of monetary donations to their chosen beneficiaries and causes. And one company that has philanthropy in their core values is Stream Energy.

Stream Energy is a company that cares, and that’s the least that we can say and as a Dallas based company – they have instilled in their company’s beliefs that they should be responsible for the welfare of their community. And a strong testament to this is when Hurricane Valley ran havoc in the region of Dallas. Hurricane Harvey has poured over 56 inches of rain across the friendly neighborhoods of Dallas and the flood has caused destruction to the households of Dallas-based Americans where the typhoon has caused casualties, territorial damage and even killing a number of pets. But Stream Energy was one of the first companies to jump in the action, first to help their community. The Dallas-based community immediately donated its hard earned money from its very successful business rooted in energy provision, to fund the very first round of recovery that would help ease the recuperation phase of Hurricane Harvey’s victims. Stream Energy says its only right to help the people who have helped them build their business and helped them thrive and sustain through their tough times.

This is a testament that Stream Energy is a company that cares, and they have created “Stream Cares” – a separate entity apart from the main energy company that is focused on the company’s philanthropy and Stream Cares serves as the company’s charity foundation. They respond to their communities needs and they are focused on helping the community.

https://www.glassdoor.com/Reviews/Stream-Reviews-E329218.htm

Why SoftBank Paid More Than $3 Billion for Fortress Investment Group

Banks are often buying other banks, but when the news hits that a bank purchased a large investment company, it’s going to get some press. SoftBank recently purchased Fortress Investment Group for more than $3 billion, and it’s setting in that there is a good reason for the acquisition. The sales of the investment group was approved by shareholders in July of 2017, but the transaction was not final until the end of the year. Why does the purchase make so much sense?

Consider that looking into the history of these two companies is similar. The more you learn about each of them the more you realize that this made perfect sense. Both of these companies have shifted gears numerous times over the years, but they also seek out the opportunities that are emerging. Technology is the foremost opportunity because it’s always evolving.

When SoftBank was first founded by Masayoshi Son, the company was leveraged as a wholesaler for PC software. Over the years, SoftBank has invested in tech companies, now able to share that they hold stakes in several hundred software companies. Most of these companies are focused on offering products that are most commonly used for the purpose of making technology work better including:

• Broadband

• Tech services

• Fixed line telecommunications

• Internet service

It was a great time for Fortress Investment Group to enter into the picture, mainly because their goal always has been to become the largest investment company in the world. The founders, all well-educated and offering vast knowledge of law and finance, have made this company soar beyond their wildest dreams. Although they have always shifted gears as often as SoftBank, Fortress Investment Group has always remain focused on being adaptable and willing to change on the route to success.

Despite the acquisition, Fortress Investment Group will still manage their daily operations as they see fit, while SoftBank’s role is merely to lean on them for the investment piece as they find new opportunities.

To know more click: here.

The Stay of Louis Chenevert in UTC

 

The success of Louis Chenevert is a legend in the world of business. He is the former Chief Executive Officer of the United Technologies Corporation (UTC). His reign in the corporation led to his great reputation in the industry.

Louis Chenevert began his career in General Motors. He worked for 14 years. The next company he worked for is Pratt & Whitney. It is during his time in the latter that he learnt the GTF engine. In 2006, he was nominated as the Chief Executive Officer of UTC.

Chenevert made multiple changes in UTC Company. The intensive shares of the firm rose by approximately 200%: 37% to 117%. He also made major acquisitions in the firm, which made the firm superior. The GTF engine took the firm two decades to develop and $10 billion. Years later, this investment has made a huge difference in the company. The engine is used by 14 airlines in more than 70 aircraft. He also bought Goodrich at $16 billion.

Many business people around the world have been learning the ways of running their business from Louis Chenevert. They confirm his mechanisms valid. The current CEO of UTC also uses the techniques of Louis Chenevert. He says that this helps in maintaining the standards that Chenevert set for the company.

Chenevert says that it is hard to point out one attribute he has that led to his success in UTC. He, however, says that his relentless focus has helped him in accomplishing his goals. The other factor that he advises the young business people to consider is the team they work with, in their enterprises. He says that it is important to invest in the people you are working with, to see that they are up to performing the tasks that you may need to delegate.

When we reflect on our past, there are many things that we feel we could have done differently. For Louis Chenevert, he could change the way he dealt with the internal politics of the company. He says that it is vital to learn to ignore the individuals who are always against the agenda of the firm and walk with those who are aligned with the vision of the company.

https://www.dailyforexreport.com/louis-chenevert-leadership-investment-innovation/

Use These Tips to Choose the Right FreedomLife Insurance

There are two kinds of life insurance plans out there. One is term life insurance. This type of life insurance plan lasts only for a set amount of time. For example, you may want to choose it if you need the life insurance to cover a time limited expense. This can be anything from your kids growing up, your child attending college, or a debt that needs to be paid off before a specific amount of time.

Since term life insurance plans are usually cheaper, simply because the death rate per thousand is much lower for that specific amount of time, you can also choose term life insurance if you need a large life insurance policy but you cannot afford it at the current moment. Even more than that, you can choose a convertible life insurance plan so that you can convert your term life insurance plan into a permanent life insurance plan later on. Otherwise, you can always renew your life insurance when your term expires. At the same time, your premium may go up if you’re older.

Permanent life insurance does cost more, but it also lasts forever. There will be no need to start paying higher premiums when you get older. In addition, you can accrue savings that you can use, even to pay off that very same life insurance. It is a good idea if you just want to have life insurance, without the need to cover a specific time limited financial need, and if you can afford it.

Another important thing is the company where you get your life insurance from. First of all, you need a company that is well respected and has raving reviews, such as Freedom Life Insurance. You need a company that has been in business for a long time, so you know that you can trust them. An example of this would be Freedom Life Insurance. You also want a company that truly cares about their customers and not just about their bottom line. You also want one that has an excellent customer support service, so that they can help you out when you have any questions or when you need to choose a life insurance plan. Freedom Life Insurance is known for this. Visit: http://healthdepotassociation.com/carriers/flica-national-foundation-life-insurance-company/

Vijay Eswaran Advises Students And First Time Job Seekers At Universiti Malaya

Recently, at a student’s forum at Universiti Malaya, Vijay Eswaran said that higher learning institutions should support graduates to become job creators instead of job seekers.

The QI Group’ executive director noted that students should be motivated to take risks and create employment. According to him, conservative thinking habitually leads students to work for other people prior to venturing out on their own to achieve work experience.

Vijay Eswaran said that the world is moving forward quickly and artificial intelligence is changing jobs, as robotics and automation take over. Additionally, the population has increased.

Nevertheless, the Chinese, South Koreans, Japanese and Taiwanese are willing to gain experience first although they want to be their own bosses. They also want to create jobs as they lure others to work in their businesses. Read more: Dato’ Sri Vijay Eswaran Speaks At World Economic Forum 2016

He also advised individuals seeking jobs for the first time to seek for positions that would match their skills and qualification. An individual may choose to work for an established company or a start-up.

The decision that individuals make should be based on extensive considerations of the pros and cons of both surroundings regarding how it would suit their preferences and personalities.

Vijay Eswaran pointed out that in all honesty, no person has it easy. Even on the other side, people are still going to find new complaints. However, it is vital to gain understanding of the several stages of development in a business life cycle from the startup phase to corporate level. He remarked that students should be the leaders and the team leader in a startup.

They have to come up with an idea and implement it to the end. According to Vijay Eswaran, the greatest benefit of startup experience is that there is little delegation. Students must be ready to fully support the vision of the startup once they sign a contract with them.

He also shared his experience saying that working in a startup was actually more fast-paced and always changing. In addition, in startups, there is a lot of action and free communication unlike the more structured and slower-paced corporate environment.

Notably, students have to consider the factors that are important to help them work toward their goals. Moreover, the choice of the place to work depends on individuals’ personality, work style and distinctive needs to determine what will be best for them and their profession.

Learn more about Vijay Eswaran:

http://interview.net/vijay-eswaran/ and https://www.amazon.in/Sphere-Silence-Vijay-Eswaran-ebook/dp/B008VEC2UI

Madison Street Capital, A Rising Global Investment Banking Firm

Madison Street Capital is an investment banking firm for middle-market companies that provides a range of financial services including advice on corporate matters such as mergers and acquisitions (M&A), business valuation, tax compliance, bankruptcy services, matching buyers with sellers and help in writing complicated contracts and devising exit strategies. Madison Street Capital was founded in 2005 and has since established offices in Chicago and Oregon within the United States as well as in Ghana and India. Learn more: https://www.pinterest.com/MSCadvisors/

Madison Street Capital has been behind some very successful company mergers and acquisitions in the recent past, most notably when it acted as the only advisor to DCG Software Value, a firm dealing in software management solutions based in Pennsylvania, in its merger with the Spitfire Group, a technology consultancy in Denver. After the successful closing of the merger, DCG Software Value CEO Mike Harris had nothing but praise for Madison Street Capital’s insight and analytical skills that brought both companies a favorable deal. Madison Street Capital also advised the WLR Automotive Group, a firm specializing in car washes, detailing and automobile repairs, on a sale and leaseback worth more than $13 million, which aided the WLR Automotive Group in continuing its expansion efforts (http://www.bbb.org/chicago/business-reviews/investment-advisory-service/madison-street-capital-llc-in-chicago-il-88132797/). Its CEO, Randall Simpson, lauded Madison Street Capital on its ability to close deals smoothly. The investment banker has, in addition, coordinated a line of credit for Maintenance Systems Management, a San Francisco-based provider of janitorship and custody-related services on contract. It also managed to secure capital for HeartSync, a cardiac medical device manufacturer in Michigan, so that the company could grow and offer greater services to more heart patients. Yet another milestone achieved by Madison Street Capital was a minority equity and subordinated debt investment coordinated for ARES Security Corporation, a provider of security software for clients in the energy and transportation sectors. All of these accomplishments can be found in an article at PR.com.

Madison Street Capital’s brilliant financial advising and deal coordination have won it recognition in the yearly M&A Advisor Awards. The company won top honours for coordinating Dowco Group’s acquisition of Acuna and Associates, receiving further nominations in investment banking pertaining to boutiques, strategic deal making, and professional services. Madison Street co-founder, Anthony Marsala, was named by the National Association of Certified Valuators and Analysts to its 40 under 40 list as well, thus appreciating the firm’s continued rise. Anthony Marsala became one of the most influential personalities inside the corporation for his role in the growth of the company and the success of its advising strategies.

Today, Madison Street Capital is one of the strongest financial advisory companies in Chicago, and a force to be reckoned with in the entire territory of the United States. As years passed, the reach of Madison Street Capital have increasingly risen, and it will keep doing so in the future.