Last updated: 20 June 2022 at 5:40pm EST

Robert McGinnis Net Worth




The estimated Net Worth of Robert Mcginnis is at least $244 mil dollars as of 23 November 2021. Mr. Mcginnis owns over 4,000 units of New Residential Investment Corp stock worth over $43,560 and over the last 8 years he sold NRZ stock worth over $0. In addition, he makes $200,023 as Independent Director at New Residential Investment Corp.

Mr. McGinnis NRZ stock SEC Form 4 insiders trading

Robert has made over 3 trades of the New Residential Investment Corp stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 4,000 units of NRZ stock worth $100,720 on 23 November 2021.

The largest trade he's ever made was buying 10,000 units of New Residential Investment Corp stock on 18 March 2020 worth over $51,800. On average, Robert trades about 1,156 units every 47 days since 2016. As of 23 November 2021 he still owns at least 4,000 units of New Residential Investment Corp stock.

You can see the complete history of Mr. Mcginnis stock trades at the bottom of the page.





Robert McGinnis biography

Robert J. McGinnis serves as Independent Director of the Company. He has been a member of our Board of Directors since December 2016. Mr. McGinnis was a director of KGS Holdings, which is the parent company of KGS-ALPHA Capital Markets, from 2010 until September 2018. Mr. McGinnis served as a director of Home Loan Servicing Solutions Ltd. from October 2011 through October 2015, and as Chairman from January 2015 through October 2015. Mr. McGinnis served as Managing Director of Greenwich Capital Markets from 1997 to 2008, where he built the Non-Agency Mortgage, Structured Products and Asset Backed business into one of the industry’s preeminent firms. In his role at Greenwich Capital Markets, Mr. McGinnis was responsible for origination, banking and trading of all products and for structuring, client relationships, recruiting, business development and new products. From 1982 to 1997, Mr. McGinnis was a Managing Director at Salomon Brothers Inc., responsible for origination and banking of Salomon’s Non-Agency Mortgage Business. Mr. McGinnis holds a Bachelor’s degree in Civil Engineering from Rochester Institute of Technology, a Master’s degree in Civil Engineering from Manhattan College and a Master’s degree in Business Administration from New York University.

What is the salary of Robert McGinnis?

As the Independent Director of New Residential Investment Corp, the total compensation of Robert McGinnis at New Residential Investment Corp is $200,023. There are 1 executives at New Residential Investment Corp getting paid more, with Douglas Jacobs having the highest compensation of $220,007.



How old is Robert McGinnis?

Robert McGinnis is 66, he's been the Independent Director of New Residential Investment Corp since 2016. There are 2 older and 9 younger executives at New Residential Investment Corp. The oldest executive at New Residential Investment Corp is Douglas Jacobs, 73, who is the Independent Director.

What's Robert McGinnis's mailing address?

Robert's mailing address filed with the SEC is 1345 6th Ave, New York, NY 10105, USA.

Insiders trading at New Residential Investment Corp

Over the last 11 years, insiders at New Residential Investment Corp have traded over $475,640,163 worth of New Residential Investment Corp stock and bought 1,610,974 units worth $13,998,047 . The most active insiders traders include Wesley R Edens, Loan Servicing Solutions, L... y Michael Nierenberg. On average, New Residential Investment Corp executives and independent directors trade stock every 92 days with the average trade being worth of $15,375,068. The most recent stock trade was executed by Robert Mcginnis on 23 November 2021, trading 4,000 units of NRZ stock currently worth $100,720.



What does New Residential Investment Corp do?

New Residential is a leading provider of capital and services to the mortgage and financial services industry. The Company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a portfolio of investments and operating businesses. New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments over time. New Residential's portfolio is composed of mortgage servicing related assets (including investments in operating entities consisting of servicing, origination, and affiliated businesses), residential securities (and associated called rights) and loans, and consumer loans. New Residential's investments in operating entities include its mortgage origination and servicing subsidiary, NewRez, and its special servicing division, Shellpoint Mortgage Servicing, as well as investments in affiliated businesses that provide services that are complementary to the origination and servicing businesses and other portfolios of mortgage related assets. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering over $3.4 billion in dividends to shareholders. New Residential is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.



What does New Residential Investment Corp's logo look like?

New Residential Investment Corp logo

Complete history of Mr. Mcginnis stock trades at New Residential Investment Corp

Fecha
#
Empresa
Persona
Trans.
Transacción
Acciones Precio por acción Precio total Acciones después de Fuente
23 Nov 2021 Robert Mcginnis
Director
Comprar 4,000 $25.18 $100,720
23 Nov 2021
4,000
18 Mar 2020 Robert Mcginnis
Director
Comprar 10,000 $5.18 $51,800
18 Mar 2020
77,451
30 Oct 2019 Robert Mcginnis
Director
Comprar 4,500 $15.73 $70,785
30 Oct 2019
61,243


New Residential Investment Corp executives and stock owners

New Residential Investment Corp executives and other stock owners filed with the SEC include: