After Asset Securitization Report sister publication National Mortgage News reported that Kondaur Capital Corp. CEO Jon Daurio was leaving the firm, Kondaur just said that its Board of Directors has formed an Office of the Chairman to be headed by John Kontoulis and Greg Gault.

The new office will lead Kondaur's efforts in the whole loan mortgage area. Kontoulis is president while Gault is executive vice president of the firm.

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