Industry veteran Tom Wind is stepping down as managing director of J.I. Kislak Mortgage in Miami Lakes, Fla., after just four months on the job, according to industry officials.
At press time a spokeswoman for J.I. Kislak could not be reached for comment. Last month the nonbank lender's parent company, Kislak Organization, hired Felix Beck, a former chairman emeritus of JPMorgan Chase & Co.'s Chase Home Finance, as a senior adviser to J.I. Kislak.
Wind, who once headed Chase Home Finance, said earlier this year that "the best time to get into a market is when there's blood in the streets."
J.I. Kislak was funding about $20 million a month in loans, but Wind said it would increase that fivefold by yearend. Wind previously was the chief executive of Aurora Loan Services of Colorado, which was once controlled by Lehman Brothers.
