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MortgagePoint ยป Your Trusted Source for Mortgage Banking and Servicing News 16 November 2025 AMERICAN PACIFIC MORTGAGE CEO TO STEP DOWN American Pacific Mortgage (APM) has announced that Chairman and former President and Chief Executive Officer Bill Lowman will retire. "Words cannot express how impact- ful Bill's leadership, guidance, and com- mitment have been to this company for more than 20 years," said Ned Payant, current CEO of APM. "He has been instrumental in shaping APM's foundation and long-term suc- cess. Along with everyone in the APM family, I am deeply grateful for his vision and tenacity over the years." Lowman will remain on APM's Board of Directors, continuing to provide insight and guidance to the company he helped build. As part of this transition, Payant will move into the role of Chairman of the Board, continuing his long-stand- ing leadership and oversight of APM's strategic direction. Stepping into the role of APM's new CEO is Dustin Sheppard, who has already proved to be a dynamic and respected leader within APM. Over the past several years, as President, Shep- pard has been instrumental in driving operational excellence, advancing strategic initiatives, and strengthen- ing APM's culture of ownership and collaboration. Dustin is an exceptional leader surrounded by an equally strong and experienced leadership team," Payant said. "He embodies the core values of APM and has earned the trust and confidence of our employee-owners and partners alike. I have no doubt he will continue to lead this company forward with the same commitment to excellence and vision that have defined APM for more than 25 years. Founded in 1996, APM is a national, independently owned and operated retail mortgage lender based in Rose- ville, California. APM is 49% employ- ee-owned through an employee stock ownership plan (ESOP), an ownership culture that fosters accountability, col- laboration, and a shared commitment to customer success. Licensed in 49 states, APM employs more than 2,700 people and operates over 300 branches nationwide, many of which do business under their own DBA names. Service Providers FORMER CFPB ACTING DIRECTOR MICK MULVANEY JOINS SOLO AS ADVISORY BOARD CHAIRMAN SOLO, a New York-based data transfer infrastruc- ture fintech, has appointed former Acting Director of the Consumer Financial Protection Bureau (CFPB) Mick Mulvaney as Chairman of its advisory board. Founded in 2022 by Georgina Mer- hom, SOLO operates a data-sharing platform that enables customers to au- thorise financial information exchange across institutions with a single click. The company aims to eliminate what it calls the "patchwork of fragmented solutions" that require consumers to repeatedly verify their identity with each new financial provider. Mulvaney is joining to help the start-up achieve its future growth tar- gets, including reaching over 300 mil- lion profiles within its network over the next three years. The company projects it will have 100 million end customers in its network by the end of 2025. Mulvaney has vast public and private sector experience. He served in the House of Representatives from 2011 to 2017 before becoming Director of the Office of Management and Budget (OMB) from February 2017 to March 2020. During that period, he also spent a year as Acting Director of the CFPB. He later served as U.S. President Donald Trump's Chief of Staff, oversee- ing the 4,000-person Executive Office of the President. Currently Co-Chair of global consulting firm Actum and an advisory board member at London-based family office Clementy Asset Management, Mulvaney joins SOLO during what the company describes as a "pivotal moment for the financial services industry." Founder and CEO Georgina Merhom says, "Director Mulvaney's conviction in SOLO stems from our shared belief that the infrastructure of consumer data is falling apart and that the future depends on collabora- tion and incentive alignment that puts financial institutions and consumers on the same side." Commenting on his appointment, Mulvaney says that SOLO's technology and protocol will "enable the future of real open banking, where individual data is comprehensive and portable, and institutions are compensated for validating financial information", add- ing that SOLO's network "ref lects the world we live in now, not the one we are leaving behind." CONSOLIDATED ANALYTICS WELCOMES STEFAN PAMPULOV AS SVP OF PRODUCT INNOVATION AND SALES Stefan Pampulov, brings over 20 years of experience driving fintech innovation and product develop- ment in the residential real estate industry. Most recently, he served as Chief Product and Data Officer at Bosscat Home Services and Technologies, where he focused on enhancing consumer experiences, digital home service delivery, and AI-driven solutions. M O V E R S & S H A K E R S LOWMAN SHEPPARD