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.