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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 ...
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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. ...
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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Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its second quarter 2024 results after the market close on Thursday, August 1, 2024. Velocity’s executive management team will host a conference cal...
Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), filed its fourth quarter and full year 2023 results on March 7, 2024. It has recently come to management’s attention that the earnings release contained a typographical error. The ninth bullet un...
Fourth Quarter Highlights: Net income of $17.4 million, up 105.1% from $8.5 million for 4Q22. Diluted EPS of $0.50, up $0.25 from $0.25 per share for 4Q22 Core net income (1) of $16.2 million, up 77.2% from $9.1 million for 4Q22. Core diluted EPS (1) of $0.46, up $0.19 from $0...