VEL News and Press, Velocity Financial Inc From 05/12/21

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that Kroll Bond Rating Agency (“KBRA”) has upgraded and affirmed the ratings on the 12 outstanding securitiz...

The following slide deck was published by Velocity Financial, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: Velocity Financial, Inc. 2021 Q1 - Results - Earnings Call Presentation

Gainers: Intercorp Financial Services (IFS) +11%. Credicorp (BAP) +9%. AMREP (AXR) +8%. First Bank (FRBA) +7%. MoneyGram International (MGI) +7%.Losers: Alset EHome International (AEI) -15%. Velocity Financial (VEL) -12%. LM Funding America (LMFA) -11%. Altisource Portfolio Solutions (ASPS) -...

Velocity Financial, Inc. (VEL) Q1 2021 Earnings Conference Call May 06, 2021, 05:00 PM ET Company Participants Chris Oltmann - Chief Accounting Officer Chris Farrar - President & Chief Executive Officer Mark Szczepaniak - Chief Financial Officer Conference Call Participants Don Fandetti -...

Velocity Financial (VEL): Q1 Non-GAAP EPS of $0.20 in-line; GAAP EPS of $0.10 misses by $0.11.Revenue of $15.22M (-3.5% Y/Y) misses by $4.03M.Press Release For further details see: Velocity Financial EPS in-line, misses on revenue

First Quarter Highlights: Net income of $3.40 million and core income (1) of $6.72 million; diluted EPS of $0.10 and Core diluted EPS of $0.20 1Q21 loan production volume up 30% Q/Q, totaled $233.04 million in unpaid principal balance (UPB), driven by strong demand...

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its first quarter 2021 results after the market close on Thursday, May 6, 2021. Velocity’s executiv...

The following slide deck was published by Velocity Financial, Inc. in conjunction with their 2020 Q4 earnings call. For further details see: Velocity Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation

Velocity Financial, Inc. (VEL) Q4 2020 Earnings Conference Call March 16, 2020 05:00 PM ET Company Participants Chris Oltmann - Chief Accounting Officer Chris Farrar - President & Chief Executive Officer Mark Szczepaniak - Chief Financial Officer Conference Call Participants Arren Cyganov...

Velocity Financial (VEL): Q4 GAAP EPS of $0.29 beats by $0.16.Revenue of $22.49M (+25.2% Y/Y) beats by $4.42M.Press Release For further details see: Velocity Financial EPS beats by $0.16, beats on revenue