Michael Lau

Pingora Asset Management, CEO

Michael Lau, currently CEO of Pingora Asset Management, has over 25 years of expertise in loan servicing, underwriting, quality control, IT, accounting, finance, capital markets, and business development. Throughout his career, Michael’s understanding of MSRs aided numerous companies through negotiating the sale of servicing rights on a flow and bulk basis.Prior to Pingora, Michael spent 12 years on the senior management team at Phoenix Capital, a leading firm managing the sales and valuation of mortgage servicing rights.  His management of new business development, as well as existing client bases, mergers and acquisition, whole loan brokerage, and strategic planning helped to significantly expand the firm.In the six years prior to joining Phoenix, he was Executive Vice President and Chief Operating Officer at First Colorado Mortgage Corporation, an independent mortgage banker. He directed its expansion of secondary marketing, underwriting, information systems, and accounting, and was instrumental in the acquisition of four independent mortgage companies, taking the company from a $350-million a-year retail lender to a $2 billion-a-year full-service mortgage banker.Michael began his career with Criterion Financial Corporation, a dynamic independent full-service mortgage company, working first in loan servicing and then secondary marketing. Subsequently he held positions at Spies Homes and Benchmark Mortgage (1989-1991) and Rocky Mountain National Bank (1991-1993).Michael has a B.S. in accounting from Gonzaga University and is a Certified Public Accountant and Certified Mortgage Banker.