ATLANTA, Ga. – May 11, 2020 – Regions Affordable Housing, a division of Regions Bank, on Monday announced Phillip Mullins has been appointed to serve as Vice President and Relationship Manager in the division’s Originations Group.
Mullins, a longtime Regions Bank associate, is based in Regions’ Atlanta offices and will focus on sourcing and originating affordable housing transactions throughout the Southeast.
Mullins brings close to nine years of Regions experience to the Affordable Housing team. He previously worked as Deal Manager within Regions’ Real Estate Capital Markets division, where he covered FNMA, HUD and CMBS opportunities for clients in Alabama, Mississippi, Louisiana and Tennessee. He also served in various risk management roles, including Vice President of Capital Markets Anti-Money Laundering (AML) Compliance, Strategic Compliance Management, and International BSA/AML EDD Analyst.
We are pleased to add his energy, insights, and commitment to the Affordable Housing team.
David Payne, Regions Affordable Housing
“Phillip’s experience, combined with his passion for living the Regions Bank mission of making life better for the people we serve, make him a natural fit for this important role,” said David Payne, Co-Head of Originations of Regions Affordable Housing. “We are pleased to add his energy, insights, and commitment to the Affordable Housing team.”
Regions Affordable Housing LLC is a national low-income housing tax credit (“LIHTC”) investor, syndication firm and leader in affordable housing. Regions Bank is one of the nation’s largest participants in affordable housing finance through the LIHTC program, providing comprehensive real estate banking and capital markets services to meet the debt and equity capital needs of developers and investors. Regions Bank is also a Fannie Mae DUS Multifamily Affordable Lender and HUD/FHA Affordable Lender.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $133 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.