San Diego Business Journal

Guild Mortgage Co., a San Diego private mortgage bank, said it opened a Carlsbad branch office as part of the company’s continued expansion in the West.

The new office at 2111 Palomar Airport Road, is managed by Michael Phillips, who has more than 20 years of experience in loan origination and management. Before joining Guild, Phillips worked for Mutual of Omaha Bank as the market manager for Hawaii and Del Mar.

Founded in 1960, Guild is now a national firm with more than 250 branches in 23 states. It generated loan volume last year of $7 billion and servicing volume of $16 billion.