Brodie Johnson Merrill Lynch

Brodie Johnson former head of Residual Trading at Merrill Lynch is an experienced professional in the financial industry. Following the financial crisis of 2008, he developed and implemented a revolutionary security the “reverse REMIC”, which helped restore value to Merrill Lynch’s clients in New York. This exceptional procedure involved consolidating collateralized mortgage obligations into pass-through mortgage-backed securities, which were trading several points higher than collateralized mortgage obligations.