US92262D1019 - Common Stock
VELOCITY FINANCIAL INC
NYSE:VEL (12/20/2024, 8:04:00 PM)
After market: 20.23 0 (0%)20.23
-0.19 (-0.93%)
Velocity Financial, Inc. operates a real estate finance company. The company is headquartered in Westlake Village, California and currently employs 253 full-time employees. The company went IPO on 2020-01-17. The company originates loans nationwide across its network of independent mortgage brokers. The firm's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $4.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. The firm funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
VELOCITY FINANCIAL INC
2945 Townsgate Road, Suite 110
Westlake Village CALIFORNIA 91362
P: 18665053863
CEO: Christopher D. Farrar
Employees: 253
Website: https://www.velfinance.com/
VEL stock results show that Velocity Financial beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Velocity Financial (NYSE:VEL) just reported results for the second quarter of 2...
Here you can normally see the latest stock twits on VEL, but your cookie settings prevent this from loading. You can edit your cookie settings in our cookie consent dialog.
Example Twits: