Velocity Financial Inc Stock News

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, announced today the dual listing of its common stock on NYSE Texas, Inc. (“NYSE Texas”), the newly launched fully electronic equities exchange headquartered in Dallas, Texas. Velocity will maintain its primary listing on the New York Stock Exchange (“...

Velocity Financial, Inc. (NYSE:VEL ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Christopher D. Farrar - Co-Founder, CEO, President & Director Christopher J.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $26.0 million and core net income of $27.5 million for 2Q25, compared to $14.8 million and $15.9 million, respectively, for 2Q24. Earnings and core earnings per diluted share were $0.69 and $0.73 for 2Q25, compared to $0.42 and $0....

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, will release its second quarter 2025 results after the market close on Thursday, August 7, 2025. Velocity's executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leader in investor real estate loans, today announced that Kroll Bond Rating Agency (“KBRA”) has reviewed the ratings on 26 of the outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC, (“VCC”) resulting in 344 rating affirmations and 14...

Velocity Financial continues to impress with its vertically integrated real estate finance model, though share performance has lagged expectations. The company's main revenue streams are interest income, upfront loan origination fees, and gains on loan sales and servicing. Loan origination momentum is robust, with $640M in new loans in Q1/25—a record, up 13.7% quarter-over-quarter and 69% year-...

Velocity Financial, Inc. (NYSE:VEL ) Q1 2025 Results Conference Call May 1, 2025 5:00 PM ET Company Participants Chris Oltmann - Director, Investor Relations Chris Farrar - President & Chief Executive Officer Mark Szczepaniak - Chief Financial Officer Conference Call Participants Don Fandetti - Wells Fargo Eric Hagan - BTIG Steve Delaney - Citizen Capital Markets Operator Good day, and welcome ...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $18.9 million and core net income of $20.3 million for 1Q25, compared to net income of $17.3 million and core net income of $18.2 million for 1Q24. Earnings and core earnings per diluted share were $0.51 and $0.55, respectively, fo...