California-based retail lender American Pacific Mortgage (APM) has made leadership changes while continuing to eye expansion in the Midwest and Southeast. 

Bill Lowman was named vice chairman of APM, a newly created position while Ned Payment was promoted to chief executive officer from president of APM. Dustin Sheppard also moved up the ladder to president from executive vice president, according to the lender. The changes went into effect on Wednesday. 

Lowman’s priorities will include a focus on APM’s strategy, counterparty relationships, the lender’s merger and acquisition (M&A) activity as well as his work on the board of directors details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com