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VEL News and Press, Velocity Financial Inc From 08/12/20

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

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VEL - Velocity Financial EPS misses by $0.01, misses on revenue

Velocity Financial (NYSE: VEL ) : Q2 Non-GAAP EPS of $0.17 misses by $0.01 ; GAAP EPS of -$2.33 misses by $2.48 . More news on: Velocity Financial, Inc., Earnings news and commentary, Financial stocks news, , Read more ...

VEL - Velocity Financial, Inc. Announces Second Quarter 2020 Results

Second Quarter Highlights: Net Income of $2.1 million and “Core” EPS of $0.17 (1) The preferred stock deemed dividend reduced common stockholders’ equity and correspondingly increased preferred stock under mezzanine equity, resulting in a non-cash loss per c...

VEL - Velocity Financial, Inc. Second Quarter 2020 Earnings Announcement and Webcast Details

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”) announced today that it will release second quarter 2020 results after the market close on Wednesday, August 12, 2020. The Company will host a webcast to discuss the quarterly results on August 12, 2...

VEL - Lead Plaintiff Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Velocity Financial, Inc. To Contact The Firm

New York, New York--(Newsfile Corp. - August 5, 2020) -  Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Velocity Financial, Inc. ("Velocity Financial" or the "Company")(NYSE:VEL) of the September 28, 2020 deadline to seek the role of lead plaintiff ...

VEL - LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Velocity Financial, Inc. To Contact The Firm

NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Velocity Financial, Inc. ("Velocity Financial" or the "Company")(NYSE:VEL) of the September 28, 2020 deadline to seek the role of lead plaintiff in a federal se...

VEL - CASE FILED: Block & Leviton LLP Announces the Filing of a Lawsuit for Violation of the Federal Securities Laws Against Velocity Financial, Inc.; Investors Who Lost Money Should Contact the Firm

BOSTON, MA / ACCESSWIRE / July 29, 2020 / Block & Leviton LLP ( www.blockesq.com ), a national securities litigation firm, announces that a securities class action has been filed against Velocity Financial, Inc. (NYSE:VEL) and certain of its executives. Investors who purchased Velocity F...

VEL - Velocity's Board of Directors Elects Dorika M. Beckett as a New Independent Director

Velocity Financial, Inc. (NYSE: VEL), today announced that its Board of Directors elected Dorika M. Beckett as a new independent director. Ms. Beckett is Chief Executive Officer of both LW Staffing, a franchise of healthcare professional staffing company ATC Healthcare Services, and Livew...

VEL - Velocity Completes $276 Million Securitization: Represents Completion of Financing Solutions for Assets Previously Financed with Legacy Warehouse Lines

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), today announced the completion of its third securitization transaction of 2020. VCC 2020-MC1 is collateralized by $276 million in UPB of assets, primarily short-term loans secured by 1-4 unit renta...

VEL - U.S. IPO Week Ahead: GoHealth Takes The Lead In A 4-IPO Week

Four IPOs and one SPAC plan to raise $1.5 billion in the week ahead, led by health insurance marketplace GoHealth (GOCO). More deals could join the IPO calendar in the week ahead, including Apple workflow software provider Jamf (JAMF), environmental remediation company Montrose Environment (...

VEL - Velocity Completes $128 Million Securitization: Second of 2020 and Fourteenth Securitization Since 2011

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), today announced the completion of its second securitization transaction of 2020 (“VCC 2020-2”). VCC 2020-2 included unrated Mortgage-Backed Certificates (the “Certificates ...

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