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VEL News and Press, Velocity Financial Inc From 01/21/22

Stock Information

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

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VEL - Velocity Financial, Inc. Provides Financial and Operational Update and Announces Date of Fourth Quarter Results Conference Call

Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL), a leading provider of small balance investor loans, today announced a preliminary financial and operational update for the quarter ended December 31, 2021. The Company expects to release its ...

VEL - Velocity Financial acquires majority interest in Century Health & Housing Capital

Velocity Financial (NYSE:VEL) acquired a majority stake in Century Health & Housing Capital, a licensed Ginnie Mae issuer/servicer that provides government-insured Federal Housing Administration mortgage financing for multifamily housing, senior housing and long-term care/assisted li...

VEL - Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL), a leading provider of small balance investor loans, today announced it has acquired a majority stake in Century Health & Housing Capital (“Century”). Founded in 1992, Ce...

VEL - Velocity Financial, Inc. (VEL) CEO Christopher Farrar on Q3 2021 Results - Earnings Call Transcript

Velocity Financial, Inc. (VEL) Q3 2021 Earnings Conference Call November 3, 2021, 05:00 PM ET Company Participants Christopher Oltmann - Chief Accounting Officer and Director of IR Christopher Farrar - CEO Mark Szczepaniak - CFO Conference Call Participants Stephen Laws - Raymond James & ...

VEL - Velocity Financial, Inc. 2021 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Velocity Financial, Inc. in conjunction with their 2021 Q3 earnings call. For further details see: Velocity Financial, Inc. 2021 Q3 - Results - Earnings Call Presentation

VEL - Velocity Financial EPS beats by $0.03, beats on revenue

Velocity Financial (NYSE:VEL): Q3 GAAP EPS of $0.23 beats by $0.03. Revenue of $22.23M (+31.6% Y/Y) beats by $2.9M. Press Release For further details see: Velocity Financial EPS beats by $0.03, beats on revenue

VEL - Velocity Financial, Inc. Reports Third Quarter 2021 Results

Third Quarter Highlights: Net income and Core income (1) of $8.02 million; diluted EPS and Core diluted EPS (1) of $0.23 Loan production volume increased 32.81% quarter-over-quarter and totaled $340.66 million in unpaid principal balance (UPB), driven mainly by...

VEL - Velocity Financial, Inc. Announces Date of Third Quarter 2021 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its third quarter 2021 results after the market close on Wednesday, November 3, 2021. Velocity’s ex...

VEL - Velocity Financial Announces Conversion of Series A Preferred Stock

Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leading provider of small balance investor loans, today announced the voluntary conversion of all 45,000 outstanding shares of the Company’s Series A Convertible Preferred Stock into 11,688,310 shares of Veloc...

VEL - Velocity Financial Announces Closing of $205 Million Securitization; Seventeenth Securitization Since 2011

Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leading provider of small balance investor loans, today announced that it has closed its second securitization transaction of 2021, in aggregate $205 million of Mortgage-Backed Certificates, series 2021-2 (the "Certi...

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