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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...
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...
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...
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...
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 (...
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 ...
Velocity Financial, Inc. (NYSE: VEL), (the “Company,” “Velocity,” “we” or “our”) today announced that Kroll Bond Rating Agency (“KBRA”) has affirmed the ratings on the 12 outstanding securitizations issued by its wholly-own...
The following slide deck was published by Velocity Financial, Inc. in conjunction with their 2020 Q1 earnings Read more ...
Velocity Financial (NYSE: VEL ): Q1 Non-GAAP EPS of $0.29 beats by $0.07 ; GAAP EPS of $0.13 beats by $0.36 . More news on: Velocity Financial, Inc., Earnings news and commentary, Financial stocks news, , Read more ...
First Quarter Highlights: Net income of $2.6 million and earnings per share (EPS) of $0.13 “Core” EPS of $0.29 (1) that includes the impact of one-time expense from the paydown of corporate debt in addition to provisioning for COVID-19 impacts Book value growth ...
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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...
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