BofA Mortgage-Trading Head To Fortress

Sep 12 2013 | 10:19am ET

Bank of America mortgage and securities products chief Michael Nierenberg is moving to Fortress Investment Group.

Nierenberg will serve as a senior member of the firm's private-equity group, with a focus on residential mortgages, The Wall Street Journal reports.

Nierenberg has served as global head of mortgages and securitized products at BofA since 2008, following a career at Lehman Brothers, Bear Stearns and JPMorgan Chase.


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