about

Welcome to Pingora

Pingora Asset Management LLC, (“Pingora”), is a specialized asset manager focused on investing in and servicing of new production performing mortgage servicing right (“MSR”) portfolios.  Founded by Michael Lau in 2012, Pingora plans to capitalize on recently formed opportunities in the mortgage sector.

Pingora Asset Management LLC is led by a team of mortgage industry executives with market leading experience in sourcing and executing MSR transactions and navigating key regulatory and business relationships in the mortgage industry.

Meet Our Team

Michael P. Lau
CEO

Recognized as a leader in all aspects of the mortgage banking industry, most recently as Executive Vice President of Phoenix Capital, CEO Michael P. Lau brings over 25 years of expertise in loan servicing, underwriting, quality control, IT, accounting, finance, capital markets, and business development to Pingora Asset Management.

Todd Wallace
CFO

Todd Wallace joins Pingora Asset Management after four years with Vantium Capital, Inc., where as CFO he streamlined system operations and increased assets from $500 million to $4 billion. Throughout his thirty-year career he has played instrumental roles in helping grow various types of financial organizations such as WMC, GE Money & Spring Mountain Group.

Paul Thomas
COO

Paul Thomas joins Pingora from SunTrust, where he was the EVP of Capital Markets responsible for MSR asset management, secondary marketing, investor relations, investment portfolio management and product development. Paul has over 20 years of experience in mortgage-related interest rate risk management, structured finance, and credit risk management, holding key roles at National City, Freddie Mac and Fannie Mae. Paul received a BSBA from the University of Denver, an MBA from The Wharton School, and is a Chartered Financial Analyst.

Trinity J. Weekes
Trinity J. WeekesEVP Servicer Oversight
Executive Vice President Trinity J. Weekes, most recently as SVP at Vericrest Financial, has built an industry-wide reputation for excellence in transaction, loan servicing, servicer oversight, and contract management. Throughout her career she has held various high-level positions at both Lehman Brothers and Aurora Loan Services.
 
Ron Bendalin
Ron BendalinGeneral Counsel
Ron Bendalin joins Pingora as its General Counsel. He brings over 23 years of outside counsel and in-house legal experience in all facets of multi-state residential mortgage banking, including licensing, regulatory compliance, loan servicing, loan origination, asset transfers, securitization and quality control. Prior to joining Pingora, Ron was the EVP and General Counsel of Vantium Capital, Inc., a portfolio company of Apollo Global Management.  

Mike Casey
Mike CaseyVP Business Development
As VP, Business Development for the Western United States, Mike Casey comes to Pingora with more than 25 years of mortgage industry experience in business strategy, sales and risk management. In his role, Mike is responsible for strategies leading to investing and servicing Mortgage Servicing Rights portfolios. Mike has held key roles at Fannie Mae, Bank of America, and CitiMortgage, where he was National Director, Strategic Alliances. Mike earned a BS from Northern Illinois University which was followed by an MBA from DePaul University, both focused on finance and management. Mike was VP of the Southern California MBA for three years.
David Burgess
David BurgessVP Business Development
As VP, Business Development for the Eastern United States, David Burgess comes to Pingora with more than 20 years of experience in correspondent lending. In his role, David applies his considerable analytic skills to the acquisition of Mortgage Servicing Rights to ensure maximum performance. During his career, David has worked for top players such as GMAC, Saxon Mortgage, Indy Mac, and Bear Stearns, where in six years he generated over $25 billion in production. David received a BS in Mathematics and Computer Science from Hampden-Sydney College.

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