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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 ...
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...
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...
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 & ...
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
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
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...
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...
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...
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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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...