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VEL News and Press, Velocity Financial Inc From 03/18/20

Stock Information

Company Name: Velocity Financial Inc
Stock Symbol: VEL
Market: NYSE
Website: velfinance.com

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VEL - Velocity Financial Update on Current Operating Conditions

Velocity Financial, Inc. (NYSE: VEL), (the “Company”) today provided an update on the current operating environment and operational metrics. Loan origination volume for the two months ended February 29, 2020 totaled $204.5 million in UPB, a 49 percent increase from the same ...

VEL - ABR, FOLD, TGE and HOLX among after hour movers

Gainers: RWT   +20.1% . ABR   +13.6% . TGE   +11.8% . EVRI   +9.7% . HOLX   +9.4% . More news on: Redwood Trust, Inc., Arbor Realty Trust, Inc., Tallgrass Energy, LP, Stocks on the move, , , News on ETFs Read more ...

VEL - Velocity Financial Increases Credit Capacity with Barclays Bank PLC to $300 Million to Finance Company's Growth

Velocity Financial, Inc. (NYSE: VEL) and Barclays Bank PLC agreed on March 11, 2020 to increase the capacity of its subsidiary Velocity Commercial Capital’s existing warehouse repurchase facility to $300 million in order to support the company’s loan origination growth. &#...

VEL - Velocity Mortgage Capital Expands Marketing Toolkit with Insights for Search Engine Marketing to Help Mortgage Brokers Attract New Clients and Grow Their Businesses

Comprehensive toolkit now includes text ads and keywords, equipping brokers with everything they need to connect with borrowers seeking investment property loans Velocity Mortgage Capital (NYSE: VEL), a direct portfolio lender dedicated exclusively to providing investment property loan...

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