-

Velocity Financial, Inc. Second Quarter 2020 Earnings Announcement and Webcast Details

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”) announced today that it will release second quarter 2020 results after the market close on Wednesday, August 12, 2020.

The Company will host a webcast to discuss the quarterly results on August 12, 2020 at 5:00 p.m. Eastern Time. Listeners can access the webcast via the link below:

https://services.choruscall.com/links/vel200812GlpLAgtc.html

The earnings discussion can also be accessed by dialing 1-866-807-9684 in the U.S. and Canada. International callers must dial 1-412-317-5415. Callers should ask to be joined into the Velocity Financial, Inc. earnings call. To listen to the webcast, please go to Velocity’s website at least 15 minutes before the call to register and to download and install any needed software.

Management’s slide presentation will be available on the Company’s Investor Relations website at www.velfinance.com beginning after the market close on Wednesday, August 12, 2020.

A replay of the call will be available through midnight on August 19, 2020, and can be accessed by dialing 1-877-344-7529 in the U.S. and 1-855-669-9658 in Canada or 1-412-317-0088 internationally and entering access code #10146597. The replay will also be available on the Investor Relations section of the Company's website under "Events and Presentations.”

About Velocity Financial, Inc.

Based in Westlake Village, California, Velocity is a vertically integrated real estate finance company that primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties. Velocity originates loans nationwide across an extensive network of independent mortgage brokers it has built and refined over 15 years.

Contacts

Investors and Media:
Chris Oltmann
(818) 532-3708

Velocity Financial, Inc.

NYSE:VEL

Release Versions

Contacts

Investors and Media:
Chris Oltmann
(818) 532-3708

More News From Velocity Financial, Inc.

Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency

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 30 of the outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC (“VCC”), resulting in 379 rating affirmations and 27 rating upgrades of the underlying tranches. These rating actions occurred in conjunction with KBRA’s c...

Velocity Appoints Dean Thevaos as Chief Technology Officer

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, today announced the appointment of Dean Thevaos as Chief Technology Officer, effective June 1. Thevaos will lead Velocity’s technology and engineering organization, with a mandate to modernize the company’s platform, deepen its product capabilities, and build the operational infrastructure that supports efficient, scalable growth. Mr. Thevaos is widel...

Velocity Financial, Inc. Reports First Quarter 2026 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $22.4 million and core net income of $26.5 million for 1Q26, compared to $18.9 million and $20.3 million, respectively, for 1Q25. Earnings and core earnings per diluted share were $0.57 and $0.68 for 1Q26, compared to $0.51 and $0.55, respectively, for 1Q25. “Velocity continued to deliver impressive earnings in the first quarter of...
Back to Newsroom