Category Archives: Financial Services

Why Many People Respect the Mortgage Knowledge of Mike Nierenberg

Published / by thehillsadmin / Leave a Comment

Mike Nierenberg is the Chairman of the Board and CEO of New Residential Investment Corporation (NR). NR is considered a real estate investment Trust (REIT). The company is allowed to be the servicer of Fannie Mae Freddie Mac type mortgages. They are allowed to own mortgage service rights(MSR) in all 50 states. Mike Nierenberg has built a portfolio that is filled with mortgage-backed assets. He is a very keen investor who understands how to spot a good investment regarding residential mortgages. He helped shape NR to a company that is valued at $6.1 billion.

According to National Mortgage News, Mike Nierenberg is one of twelve people who will shape the mortgage market. Mike Nierenberg help lead NR to be an aggressive investor in mortgage servicing rights. The companies will take more opportunities to build their portfolio regarding MSRs. In 2019, MSRs will be difficult to determine if they should be held, bought, or sold especially for non-bank mortgage servicers. Prior to becoming a CEO, Mike Nierenberg had a career that led him to take a job at Merrill Lynch in 2008. At Merrill Lynch, he would lead the division that worked with global mortgages securitized products in businesses. The people at Merrill Lynch considered Mike Nierenberg to be one of the better and knowledgeable people to work with mortgages.

Contact Michael Nierenberg:

No More Pesky Paper Work with GreenSky

Published / by thehillsadmin / Leave a Comment

Success is what David Zalik is all about. He is a man who aims high and really gets things done. This has been David’s modus operandi for his entire life.

Child Prodigy

David Zalik skipped high school altogether and went right on to college. He was a well-known child prodigy who excelled in mathematics. Standardized tests at the age of 12 scored him well above average. This is when he officially started taking courses at Auburn University.

Auburn University

Mr. Zalik attended Auburn University when he was 14 years old. It was during his freshman year that he began his foray into the business world. He saw that students needed computers and started MicroTech Information Systems. It was a company that assembled computers. The success of this business took David to a whole new level.

New Beginnings

After leaving Auburn, David Zalik sold MicroTech for a handsome sum and invested the proceeds into two new companies along with real estate. These propelled him even higher in the business world. One of his latest adventures is GreenSky, which was founded in 2006.


GreenSky credit offers a brand new way for people and lenders to come together. They designed a method that makes the loan process quick and easy by simply using a cellular phone.

Everyone Wins

Businesses are thrilled to be affiliated with GreenSky. It enables them to offer credit opportunities to their customers. This means more sells for the business while giving the consumer another option on how to pay for merchandise or services.

Mobile App

One of the things that set GreenSky apart from the crowd is their unique mobile app. There is a simple registration process that requires:

  • A quick scan of the applicant’s driver’s license.
  • The person’s social security number
  • Answering a few question.

Once the application is complete, it is transferred to a participating financial institution.


David Zalik saw a need for better financing options. Mobile credit is a great solution for anyone with a cell phone. It dramatically decreases the wait time for an approval and cuts down on that pesky paper work.

Southridge Capital Creates Awareness about the Uses of Cryptocurrencies

Published / by thehillsadmin / Leave a Comment

Southridge Capital has been a comprehensive financial solutions provider in the United States and has provided a wide range of financial and investment solutions to numerous companies and individuals. If your company is looking for any kind of financial solution in the United States, consulting with the experts at Southridge Capital is a good idea. The founder of Southridge Capital, Stephen Hicks, has over three decades of experience in the hedge funding and financial business. It is this experience that he brings to the table to help the clients of the company to achieve their business and financial goals.


Stephen Hicks worked for the hedge funding firm at the beginning of his career, and it is during this time he learned a lot about the hedge funding and finance business. Southridge Capital has helped many companies to achieve their financial goals by providing them with business development ideas. Southridge has some of the top financial experts who ensure that the companies’ financial goals are assessed, and a business plan is conceptualized and implemented accordingly. You can be sure that with the help of Southridge Capital’s financial advice, your company would be able to gain a competitive edge it requires to sustain in the competitive market. Since the time the company started its operations in the year 1996, Southridge Capital has financed nearly three hundred companies. There are many other financial services that the company offers that includes debt restructuring, taking the company public, financing solutions, corporate investments, hedge funding, and more. For more detais visit Bloomberg.


Southridge Capital is just one of the few companies who understand the importance of cryptocurrencies and the role they will play in the coming years. Even though they are essential, many people and companies are afraid of investing in it. But, fear is something that will always be there when you invest in something. The truth is that Southridge Capital team has been following the growth of cryptocurrencies for years and are confident that it will become a mainstream currency in a few years. Thus, it is essential for companies and individuals to learn more about it so that they can take advantage of it.


Click here:




See more:


The Interesting Phases of Randal Nardone’s Career Journey

Published / by thehillsadmin / Leave a Comment

In 1998, Fortress Investment Group came to existence due to three colleagues joining hands and working jointly. It is mainly an asset managing firm that has its headquarters in the New York City. Over the years, it has portrayed a notable growth rate to appoint of being listed on the Stock Exchange of New York City and being among the best Investment firms worldwide. Fortress has been recognized and honored internationally, under the stewardship of Randal Nardone, and even receiving two prizes in 2014 due to its extraordinary character in the financial sector. Also, it was named as the best Management Firm as well as the best Hedge Fund manager.

Randal Nardone has proven to be an educated and informed gentleman who has a bachelor degree in English and Biology and a Juris Doctor Degree from different university namely; Boston University School of Law and the University of Connecticut. Before joining Fortress Investment Group, Randal had worked in several firms such as in Springleaf Financial Holdings as well as in Newcastle Investment Holdings. Later on, He joined BlackRock which is a financial management company and performed as its principal. Therefore, it is due to Randal Nardone working with these several institutions that he gathered much of the experience that he has and vast wealth for himself.

At present, Randal Nardone is the Chief Executive Officer of Fortress Investment Group, and his essential duty is to manage the financial and legal matters that do affect the firm either positively or negatively. Randal’s hard work has not disappointed him because he has earned a considerable amount of cash to the extent of being among the few billionaires internationally. Also, he has been positioned by Forbes to seize number 557 and with a net worth that exceeds $1.8 billion.

Randal Nardone has clearly shown that he is a Law and business guru who has developed an excellent reputation in the eyes of both his clients and colleagues. Fortress Investment Group has motivated its employees by adopting a reward system to ensure that hard-working employees are rewarded.

Randal Nardone and His Determination to Re-Engineering the Fate of Fortress Investment Group

Published / by thehillsadmin / Leave a Comment

As one of the co-founders of Fortress Investment Group, one of the largest and pronounced alternative asset investment company around the world, Randal Nardone has formulated and executed some of the best policies that have helped the entity to re-engineer itself back into the market and compete effectively with new and older wealth managing companies. Helping the company to reinvent itself is an essential aspect because it helps the firm to remain relevant to both the old and the new customers who want to invest their resources in various fields.

Randal Nardone was the face behind the registration of Fortress Investment Group in the New York Stock Exchange. He was geared towards ensuring that the entity was sold to the members of the public so that it can operate and trade as a public entity rather than a private institution that was only focused on making profits at the expense of its customer’s needs. Financial pundits and market observers had declared the move to register in the stock market as a poor strategy that would not help the entity. Many people thought that incorporating members of the public in the ownership of the entity would only water down the authority and influence that Randal Nardone and other co-founders had.

Despite the criticism and challenges facing the move, Fortress Investment Group became the first wealth managing company to be registered in the stock market. This means that the firm was now open for scrutiny and criticism from the members of the public because they had interests in the growth and operations of the company. It is through the ownership of the company that the firm became more transparent and responsible in all its activities which would attract a large number of customers to work with it.

The vision that Randal Nardone had was a company owned by the public and operated by the people through their opinion. However, he did not anticipate that the firm would gain significant resources from the proceeds earned from the sale of stocks to the public. All the capital gained after selling the ownership of the firm to the public was used in increasing the investment portfolio of the company and improving its service delivery.

Fortress Investment Group and SoftBank Have Merged

Published / by thehillsadmin / Leave a Comment

The Fortress Investment Group is a global private equity leader in managing investments in real estate, capital assets, physical assets, and financial assets worth more than $70 billion. The Fortress Investment Group’s leadership includes major investors – Peter L. Briger, Jr., Co-CEO in the San Francisco office, Mr. Wesley R. Edens, Co-Founder and Co-CEO headquartered in the New York Office, Mr. Randal A. Nardone, Co-Founder and Co-CEO also in New York.Fortress also has offices in Philadelphia, Los Angeles, Hong Kong, Italy, and Singapore. Fortress Investment Group LLC had its beginnings in 1998 with major investor Wesley Edens whose background was as a partner at the prominent BlackRock Financial Management Corporation. Randal Nardone also worked for Fortress in its early start after having worked as the managing director of global giant UBS. Mr. Peter Briger was a former partner at Goldman Sachs. Key management investments for its asset-based foundational base is built on being experienced in the industry portfolios that Fortress invests with, including worldwide leading individuals, companies, associations, and other prominent establishments.

Fortress is also a global leader in corporate mergers, acquisitions, and minimal risk financing ventures. Fortress Investment Group had a shaky period during the 2008 fiscal crisis.The Fortress like other financial companies has had its ups and downs. For example, the Fortress Investment Group had invested in the 2010 Winter Olympics athlete’s village in Vancouver British Columbia. During the financial crisis Fortress was forced to back out of their promise to fund the construction of the village. Since Fortress was unable to fund the village, the funding was taken over by the city of Vancouver and the village was completed in time for the Olympics. After the Olympics was over, the athlete’s village became a part of the Fortress Investment Group holdings. The Fortress Investment Group has received many accolades from its employees and the financial industry. Employees have commented on social media websites that Fortress challenges its staff who learn from brilliant investment professionals. The staff further states that Fortress recognizes hard work, motivation, and dedication.

Previous honors given to the Fortress Investment Group in 2010, 2011, and 2012 included Discretionary Macro-Focused and Credit-Focused Hedge Fund of the Year. The financial industry has awarded Fortress with the 2013, 2014, 2015 Best Credit Fund and Single Manager Long-Term Performance Overall award. In 2017, The Fortress Investment Group received the Outstanding Achievement honor. In 2016 SoftBank Group Corporation headed by mogul Masayoshi Son, acquired the Fortress Investment Group for a little more than $3 billion dollars. Softbank is also a mega global company whose portfolio consists of technology giants in robotics, telecommunication, internet, AI, IoT, and energy technology provides. SoftBank has a portfolio that involves Sprint, Alibaba, Yahoo/Japan, and many other global affiliates. The Fortress and SoftBank acquisition was a friendly merger with Messrs. Briger, Edens, and Nardone remaining at the managed fund helm. The Fortress Investment Group management arm will operate as an independent business under the auspices of SoftBank, with headquarters in New York City. By July 2017, all regulatory documentations were approved as was the Fortress shareholders vote.

PSI Pay: The Differences Between European and American Payment Models

Published / by thehillsadmin / Leave a Comment

The managing director of PSI Pay, Phil Davies, recently gave a personal perspective on the differences between American and European payment models. Since the dawn of time when bartering was replaced by the exchange of goods for currency wallets or purses have been used. This was because they offered a convenient method of carrying the currency that you needed to use in exchange for goods or services. As we entered the digital age, the wallet is now transforming from a physical object to more of an electronic concept. While the methods are different, the result is the same.

Phil Davies has described the difference between the American model and the European model of electronic wallets in regards to how his company PSI Pay functions within the financial technology marketplace. In the American model, it is based primarily on the fact that someone wishes to buy goods over the internet. In the American, business involves the trade of one class of goods for the same class of good. There are no elements of stored value. Sales are usually entirely based payment cards which lends to the possibility of chargebacks. In the model used in America when a customer goes to a merchant and decides to pay they are typically presented with various payment options. When one chooses the E-Wallet option it is generally linked to a card. This allows the easy specification of the receiver of funds and the transaction is in coded in an appropriate way, and the funds are then passed through to the end of the sale.

PSI Pay the financial technology company which is the leading payment processor in Europe has a different method of payment processing which Phil Davies has deemed the European model. In this model, there is catering to the various payment cultures across Europe in which only one of the options may be cards. One significant difference in this model is the incorporation of a stored value element which includes a multicurrency capability typically. In this model, the electronic wallet works almost identically to the way a bank account works. The critical difference is that the electronic wallets are not able to offer credit, so an overdraft cannot occur. This also disallows interest to accrue on account balances. While banks are typically guaranteed under European Union deposit protection laws up to a certain amount, the money which is in electronic wallets are safeguarded with no financial limits. With these wallets, funds must be deposited beforehand in order for a customer to conduct any type of transaction. Phil Davies hopes to have his company PSI Pay fit the second model so that they are able to offer a digital wallet with full transparency and accuracy.

Contact PSI Pay:

Michael Burwell Joins The Willis Towers Watson Team

Published / by thehillsadmin / Leave a Comment

The global risk management and insurance and human capital advisory firm Willis Towers Watson recently announced they had secured an outstanding new Chief Financial Officer or CFO named Michael Burwell. Burwell has an outstanding record of serving one of the United States’ Big Four accounting firms, Price Waterhouse Coopers for 31 years of impressive accomplishment there.


The Chief Executive Officer of Willis Towers Watson, John Haley, said Burwell understood management, leadership and how to drive results in a global economy. He looked forward to working with Burwell to guide the company’s long-term growth and further integration. From his time at PwC, Burwell had an outstanding record of working clients. Burwell will drive Willis Towers Watson to reach its full potential as a company serving clients in over 140 countries.


Haley also thanked Roger Millay the retiring Chief Financial Officer for his outstanding leadership. He would leave Willis Towers Watson much stronger and better positioned for success.


Michael Burwell began preparing for his career of outstanding business service through earning his Bachelor of Arts degree from Michigan University in Business Administration in 1986. PwC recognized Michael Burwell tremendous potential and hired him as an accounting, putting him to work in the assurance department auditing clients for eleven years. This experience taught Burwell how companies keep their records and choose to set up their various accounting systems. It gave him deep insight into the various ways companies meet the requirements of Generally Accepted Accounting Principles, and how some companies may choose to try to get around the GAAP procedures. He learned from his experiences on the job and studied hard, so he soon passed the difficult test to achieve the position of Certified Public Accountant. PwC promoted Burwell to the transactions services department in the Detroit area. This was just another stepping stone, up to Midwest Leader of Transaction Services and Automotive Industry Leader. But PwC’s Central Region was too small to contain Burwell’s expertise, so he became Transaction Services Leader for the entire United States. Starting in May 2008, Burwell achieved the title of Chief Financial Officer. Burwell’s star at PwC just kept rising. In July 2016, he became a full partner at PwC. As senior relationship advisor for some of PwC’s biggest and most important clients, Burwell couldn’t help but attract attention, leading to his recent move to Willis Towers Watson.


Willis Towers Watson is based in Arlington, Virginia. They are a global risk management and insurance advisory leader. Find Additional Information Here.


Michael Burwell’s Past and Present Achievements

Published / by thehillsadmin / Leave a Comment

Michael Burwell was currently appointed Chief Financial Officer of Willis Towers Watson. Willis Towers Watson is a leading global company in its own right within the industry of broking, solutions, and advisory. The company helps clients by turning risk ventures into growing profits. It was established in 1828, and currently has 40,000 employees scattered over 140 countries.


The current Chief Financial Officer, Roger Millay, is retiring voluntarily come October 2, 2017; and Mike Burwell will be taking his place.


Chief Executive officer remarked on the announcement that the entire company is very pleased to have Michael Burwell join their ranks of leaders because he has in-depth knowledge in leading and managing a multifaceted company, which has a very strong commitment in the welfare of their clients. He confidently said that Burwell is the person who has the right credentials and experience to guide the company in its long-term growth that will enable Willis Towers Watson to achieve full potential.


Haley like thanked Roger Millay for his contribution and outstanding leadership at Willi Towers Watson, because the company is in a much better position due to his efforts and long-time service. Refer to This Article for related information.


Burwell graduated from Michigan State University with a Bachelor of Arts in Business Administration, and he is also a Certified Public Accountant (CPA). In his earlier years within the industry he was employed at PwC in high ranking executive positions, which includes being Head of Transaction Services in the United States; Chief Financial Officer and Chief Operating Officer also in the United States; and Head of Global Transformation. Since he is a CPA, he similarly had extensive experience in audit for 11 years and 12 years of advisory experience in transaction services where he assisted companies in pre-merger deals.


Before being employed at PwC and Willis Towers Watson, Michael Burwell worked with large and small companies through the buy and sell of projects. He was also called on to evaluate business models and projections of various equity funds in the private sector.


Michael Burwell says he is honored to be given the opportunity to join the leaders at Willis Towers Watson since his earlier interactions with the said company has given him the insight that there is strength in leadership and great commitment to serve the clients within the organization as well as an assuring collaborative culture. He went on to say that he is looking forward to making his contribution for the company’s success.



Equities First-Making Business Loans Obtainable

Published / by thehillsadmin / Leave a Comment

A global leader in shareholder financing solutions, Equities First Holdings is providing more stock-based and margin loans to the business economy while banks and other similar institutions seem to be making it harder to obtain them. Borrowers needing to quickly gain capital or who do not meet the specific criteria lenders have set, are finding that equities lending is a great alternative.

Many banks have recently severed their lending options to prospective borrowers, increased their interest rates, and even tightened their loan qualifications. However there are still options available to borrowers in the market. Al Christy, Jr. is the CEO as well as the founder of EFH and has found an innovative borrowing solution that collateralizes loans by stocks. It is available to borrowers seeking working capital and these stock-based loans often have a fixed rate, and typically a higher loan-to-value ratio than margin loans.

According to Christy, a margin loan requires a pre-qualified borrower and normally needs the borrowed money to be used for a specific purpose. The interest rates vary and the loan-to-value ratios scale form 10 to 50 percent. The borrower’s collateral can even be liquidated without any warning by the lender, should a margin call arise. But with a stock-based loan borrowers have the stability of a fixed interest rate ranging from 3 to 4 percent, with the loan-to-value ratios staying between 50 to 75 percent. There are no restrictions either, so the lender doesn’t decide what the money is used for. Also these loans are non-recourse, even if the stock should decrease.

Equities First Holdings has been providing its clients with better financing choices since 2002. They are a supplier of capital against stock publicly traded in order to allow clients to meet their financial goals. EFH has had over 650 successful transactions that is worth over $1.4 billion. This company has become successful due to the fact that it offers its customers low fixed interest rates and high loan to values.


EFH is a global company in nine countries, including subsidiaries in London, in Hong Kong, in Singapore, and in Austrailia.

about Equities First :