(:VEL)

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Business Focus: N/A

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Apr 17, 2024 08:30 am ET

Velocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its first quarter 2024 results after the market close on Thursday, May 2, 2024. 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 Time on the same day.

Mar 08, 2024 08:30 am ET

Velocity Financial, Inc. Corrects Typographical Error in Fourth Quarter and Full-Year 2023 Results

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.

Mar 07, 2024 04:15 pm ET

Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2023 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $52.3 million and core net income of $53.4 million for full-year 2023, compared to net income of $32.2 million and core net income of $42.2 million for the full-year 2022. Earnings and core earnings per diluted share were $1.52 and $1.54, respectively, for the full-year 2023, compared to $0.94 and $1.24 for the full-year 2022.

Feb 06, 2024 08:30 am ET

Velocity Financial, Inc. Announces Issuance of $75 Million of Senior Secured Notes

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leader in business purpose loans, today announced the issuance of $75 million principal amount of five-year senior secured notes (the ”Notes”) by Velocity Commercial Capital, LLC, a wholly-owned subsidiary of Velocity. The Notes will bear interest at 9.875% per annum and will mature on February 15, 2029. Interest on the notes will be payable semi-annually on May 15 and November 15 of each year, beginning on May 15, 2024. The Notes are secured on a pari passu basis with Velocity’s $215,000,000 outstanding principal amount of

Jan 31, 2024 08:30 am ET

Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2023 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its fourth quarter and full-year 2023 results after the market close on Thursday, March 7, 2024. 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 Time on the same day.

Nov 02, 2023 04:15 pm ET

Velocity Financial, Inc. Reports Third Quarter 2023 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $12.1 million and core net income of $12.9 million for 3Q23, compared to net income and core net income of $10.0 million for 3Q22. Earnings and core earnings per diluted share were $0.35 and $0.37, respectively, for 3Q23, compared to $0.29 and $0.29 for 3Q22.

Oct 20, 2023 08:30 am ET

Velocity Financial, Inc. Announces Date of Third Quarter 2023 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in business purpose loans, will release its third quarter 2023 results after the market close on Thursday, November 2, 2023. 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 Time on the same day.

Aug 03, 2023 04:15 pm ET

Velocity Financial, Inc. Reports Second Quarter 2023 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $12.2 million and core net income of $12.9 million for 2Q23, compared to net income of $10.6 million and core net income of $10.6 million in 2Q22. Earnings and core earnings per diluted share were $0.36 and $0.38, respectively, for 2Q23, compared to $0.31 and $0.31, for 2Q22.

Jul 20, 2023 04:15 pm ET

Velocity Financial, Inc. Announces Date of Second Quarter 2023 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in business purpose loans, will release its second quarter 2023 results after the market close on Thursday, August 3, 2023. 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 Time on the same day.

Jun 13, 2023 08:30 am ET

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

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leader in business purpose loans, today announced that Kroll Bond Rating Agency (“KBRA”) has upgraded and affirmed the ratings on the 16 outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC (“VCC”). The rating actions occurred in conjunction with the completion of KBRA’s comprehensive surveillance review.

May 04, 2023 04:15 pm ET

Velocity Financial, Inc. Reports First Quarter 2023 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $10.6 million and core net income of $11.4 million for 1Q23, compared to net income of $3.1 million and core net income of $12.4 million in 1Q22. Earnings and core earnings per diluted share were $0.31 and $0.33, respectively, for 1Q23, compared to $0.09 and $0.36, for 1Q22.

Apr 20, 2023 04:30 pm ET

Velocity Financial, Inc. Announces Date of First Quarter 2023 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in business purpose loans, will release its first quarter 2023 results after the market close on Thursday, May 4, 2023. 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 Time on the same day.

Mar 09, 2023 04:22 pm ET

Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2022 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income of $32.2 million and core net income of $42.2 million for the full-year 2022, compared to net income of $29.2 million and core net income of $33.3 million in 2021. Earnings and core earnings per diluted share were $0.94 and $1.24, respectively, for the full-year 2022, compared to $0.86 and $0.98, respectively, for the full-year 2021.

Feb 02, 2023 08:30 am ET

Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2022 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its fourth quarter and full-year 2022 results after the market close on Thursday, March 9, 2023. 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 Time on the same day.

Nov 03, 2022 04:15 pm ET

Velocity Financial, Inc. Reports Third Quarter 2022 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income and core net income of $10.0 million for 3Q22, compared to net income and core net income of $8.0 million for 3Q21. Earnings and core earnings per diluted share were $0.29 for 3Q22, compared to $0.23 for 3Q21.

Oct 24, 2022 04:15 pm ET

Velocity Financial, Inc. Announces Date of Third Quarter 2022 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its third quarter 2022 results after the market close on Thursday, November 3, 2022. 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 Time on the same day.

Aug 04, 2022 04:15 pm ET

Velocity Financial, Inc. Reports Second Quarter 2022 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income and core net income of $10.6 million for 2Q22, compared to net income of $9.5 million and core net income of $8.5 million for 2Q21. Earnings and core earnings per diluted share were $0.31 for 2Q22, compared to $0.28 and $0.25 per share, respectively, for 2Q21.

Jul 26, 2022 04:15 pm ET

Velocity Financial, Inc. Announces Date of Second Quarter 2022 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its second quarter 2022 results after the market close on Thursday, August 4, 2022. Velocity’s executive management team will host a conference call and webcast to review its financial results at 3:00 p.m. Pacific Time / 6:00 p.m. Eastern Time on the same day.

Jun 29, 2022 08:30 am ET

Velocity Financial Congratulates Mark Szczepaniak on Being Named Honoree by the Los Angeles Times in the Public Company Small to Mid-Sized Category

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), congratulates its CFO, Mark Szczepaniak, on being chosen as Honoree by the Los Angeles Times at the 2nd Annual CFO Leadership Awards. Out of 7 nominees in the category of small to mid-sized public companies, Mr. Szczepaniak was 1 of 4 finalists and ultimately won the category as Honoree.

Jun 08, 2022 08:30 am ET

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

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that Kroll Bond Rating Agency (“KBRA”) has upgraded and affirmed the ratings on the 15 outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC (“VCC”). The rating actions occurred in conjunction with the completion of KBRA’s comprehensive surveillance review.

May 05, 2022 04:15 pm ET

Velocity Financial, Inc. Reports First Quarter 2022 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income of $3.1 million and core net income of $12.4 million for 1Q22, compared to net income of $8.4 million and core net income of $10.1 million in 4Q21. Earnings and core earnings per diluted share were $0.09 and $0.36, respectively, in 1Q22, compared to $0.24 and $0.29, respectively, in 4Q21.

Apr 28, 2022 08:30 am ET

Velocity Financial, Inc. Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its first quarter 2022 results after the market close on Thursday, May 5, 2022. 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 Time on the same day.

Mar 16, 2022 08:30 am ET

Velocity Financial, Inc. Announces Issuance of $215 Million of Senior Secured Notes

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced the issuance of $215 million principal amount of five-year Senior Secured Notes (the ”Notes”) by Velocity Commercial Capital, LLC, a wholly-owned subsidiary of Velocity. The Notes will bear interest at 7.125% per annum and will mature on March 15, 2027. Interest on the notes will be payable semi-annually on March 15 and September 15 of each year, beginning on September 15, 2022.

Mar 10, 2022 04:15 pm ET

Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2021 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income of $8.4 million and core net income of $10.1 million for 4Q21, compared to net income and core income of $8.0 million in 3Q21. Earnings and core earnings per diluted share were $0.24 and $0.29, respectively, in 4Q21, compared to $0.23, respectively, in 3Q21.

Jan 21, 2022 09:00 am ET

Velocity Financial, Inc. Provides Financial and Operational Update and Announces Date of Fourth Quarter Results Conference Call

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 fourth quarter 2021 results after market close on March 10, 2022, to be followed by a conference call and webcast hosted by the Company to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.

Dec 28, 2021 04:15 pm ET

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

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”).

Nov 03, 2021 04:15 pm ET

Velocity Financial, Inc. Reports Third Quarter 2021 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income and core income of $8.02 million for 3Q21, compared to net income of $9.45 million and core income of $8.45 million in 2Q21. Earnings and core earnings per diluted share were $0.23 in 3Q21, compared to $0.28 and $0.25, respectively, in 2Q21. Book value per common share was $12.05 as of September 30, 2021, compared to $11.62 as of June 30, 2021.

Oct 20, 2021 08:30 am ET

Velocity Financial, Inc. Announces Date of Third Quarter 2021 Financial Results Webcast and Conference Call

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 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 Time on the same day.

Oct 08, 2021 08:30 am ET

Velocity Financial Announces Conversion of Series A Preferred Stock

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 Velocity common stock.

Aug 13, 2021 08:30 am ET

Velocity Financial Announces Closing of $205 Million Securitization; Seventeenth Securitization Since 2011

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 "Certificates") backed by a portfolio of loans recently originated through Velocity's operating platform. The sold Certificates will be issued in seven classes and were priced with a weighted average fixed rate of 1.75%.

Aug 05, 2021 04:15 pm ET

Velocity Financial, Inc. Reports Second Quarter 2021 Results

Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income of $9.45 million and core income of $8.45 million for 2Q21, compared to net income of $3.40 million and core income of $6.72 million, respectively, in 1Q21. Earnings and core earnings per diluted share were $0.28 and $0.25, respectively, in 2Q21, compared to earnings per diluted share of $0.10 and core earnings per diluted share of $0.20, respectively, in 1Q21. Book value per common share was $11.62 as of June 30, 2021, compared to $11.12 as of March 31, 2021.

Jul 21, 2021 08:30 am ET

Velocity Financial, Inc. Announces Date of Second Quarter 2021 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its second quarter 2021 results after the market close on Thursday, August 5, 2021. 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 Time on the same day.

May 17, 2021 08:30 am ET

Velocity Financial Announces Closing of $265 Million Securitization; Sixteenth Securitization Since 2011

Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leading provider of small balance investor loans, today announced that it has closed its first securitization transaction of 2021, in aggregate $265 million of Mortgage-Backed Certificates, series 2021-1 (the "Certificates") backed by a portfolio of loans recently originated through Velocity's operating platform. The sold Certificates will be issued in seven classes and were priced with a weighted average fixed rate of 1.735%.

May 12, 2021 08:30 am ET

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

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that Kroll Bond Rating Agency (“KBRA”) has upgraded and affirmed the ratings on the 12 outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC (“VCC”). The rating actions occurred in conjunction with the completion of KBRA’s comprehensive surveillance review.

May 06, 2021 04:15 pm ET

Velocity Financial, Inc. Reports First Quarter 2021 Results

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”) reported net income of $3.40 million and core income of $6.72 million for 1Q21, compared to $2.58 million and $5.80 million, respectively, in 1Q20. Earnings and core earnings per diluted share were $0.10 and $0.20, respectively, in 1Q21, compared to $0.13 and $0.29, respectively, in 1Q20. Book value per common share was $11.12 as of March 31, 2021, compared to $12.47 as of March 31, 2020.

Apr 22, 2021 08:30 am ET

Velocity Financial, Inc. Announces Date of First Quarter 2021 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its first quarter 2021 results after the market close on Thursday, May 6, 2021. 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 Time on the same day.

Mar 16, 2021 04:15 pm ET

Velocity Financial, Inc. Announces Fourth Quarter and Full Year 2020 Results

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”) reported net income and core income of $9.6 million for the fourth quarter of 2020 and diluted earnings per common share of $0.29. Book value per common share was $10.93, an increase from $10.44 as of December 31, 2020.

Feb 25, 2021 08:30 am ET

Velocity Financial, Inc. Announces Date of Fourth Quarter 2020 Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its fourth quarter and full year 2020 results after the market close on Tuesday, March 16, 2021. 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 Time on the same day.

Feb 09, 2021 08:30 am ET

Velocity Financial, Inc. Announces New $175 Million Term Loan Facility and $200 Million Warehouse Facility

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that it has entered into a new $175 million, 5-year term loan with a syndicate of lenders including funds managed by Blackrock’s U.S. Private Capital group, Oaktree Capital Management, L.P., and UBS O’Connor. The new facility has an initial $125 million funding as of the closing date, with an additional $50 million as a delayed draw feature. Proceeds of the new term loan facility will be used to refinance existing debt and originate new loans. In addition, th

Jan 28, 2021 08:30 am ET

Velocity Financial Announces the Dismissal of Class Action Lawsuit

Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that a motion to dismiss the class action lawsuit brought against the Company, its Directors at the time of the Company’s IPO, its former controlling shareholder, and its IPO underwriters was granted by the judge presiding over the case (the “Dismissal Order”).

Nov 11, 2020 04:10 pm ET

Velocity Financial, Inc. Announces Third Quarter 2020 Results

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”) reported net income of $3.5 million for the third quarter of 2020 and diluted earnings per common share of $0.11. Core income(1) for the third quarter of 2020 was $3.9 million, excluding severance costs related to workforce reductions. Book value per common share was $10.44, an increase from $10.26 as of June 30, 2020.

Nov 03, 2020 08:30 am ET

Velocity Financial, Inc. Provides Business Update and Announces Date of Third Quarter Financial Results Webcast and Conference Call

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance real estate lending, today provided a business update and announced that it will release third quarter 2020 financial results after the market close on Wednesday, November 11, 2020.

Sep 25, 2020 12:00 pm ET

VEL Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Velocity Financial, Inc. Investors of Class Action and Lead Plaintiff Deadline: September 28, 2020

Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Velocity Financial, Inc. f/k/a Velocity Financial, LLC ("Velocity" or "the Company") (NYSE: VEL) and certain of its...

Sep 25, 2020 11:45 am ET

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Velocity Financial, Inc. (VEL)

The Law Offices of Frank R. Cruz reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE:

Sep 24, 2020 02:00 pm ET

ROSEN, LEADING INVESTOR COUNSEL, Reminds Velocity Financial, Inc. Investors of Important Monday Deadline in the Securities Class Action – VEL

Sep 23, 2020 04:00 pm ET

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Velocity Financial, Inc. and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that...

Sep 21, 2020 08:22 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

Pomerantz LLP is investigating claims on behalf of investors of Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980....

Sep 18, 2020 11:30 am ET

DEADLINE ALERT for UCO, VEL, EADSF/EADSY, COG: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion....

Sep 17, 2020 03:45 pm ET

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Reminds Velocity Financial, Inc. Investors of Important Deadline in Securities Class Action – VEL

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) pursuant and/or traceable to the Company’s initial public offering conducted in January 2020 (the “IPO” or “Offering”) of the important September 28, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Velocity Financial investors under the federal securities laws.

Sep 16, 2020 09:04 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

Sep 16, 2020 02:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Intel Corporation, Velocity Financial, FirstEnergy, and MEI Pharma and Encourages Investors to Contact

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Intel Corporation (NASDAQ: INTC), Velocity Financial, Inc. (NYSE: VEL),...

Sep 15, 2020 02:32 pm ET

VEL CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Velocity Financial, Inc.

Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a motion for lead plaintiff in a securities class action that has been filed on behalf of investors that purchased or acquired the common stock of Velocity Financial. (“Velocity” or the “Company”) (NYSE: VEL) issued in connection with Velocity’s January 2020 IPO (the “Offering Materials”). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Act of 1933.

Sep 14, 2020 10:27 am ET

DEADLINE ALERT for INTC, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion....

Sep 11, 2020 11:30 am ET

DEADLINE ALERT for UCO, VEL, EADSF/EADSY, COG: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Sep 10, 2020 11:00 am ET

VEL Investor Update: Bronstein, Gewirtz & Grossman, LLC Reminds Velocity Financial, Inc. Investors of Class Action and Encourages Investors to Contact the Firm

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Velocity Financial, Inc. f/k/a Velocity Financial, LLC ("Velocity" or "the Company") (NYSE: VEL) and certain of its...

Sep 10, 2020 08:00 am ET

SHAREHOLDER DEADLINES APPROACHING for VEL, OSPN, and POR: Block & Leviton LLP Reminds Investors of Class Actions for Violations of the Federal Securities Laws

Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that securities class actions have been filed against Velocity Financial, Inc. (NYSE: VEL), OneSpan Inc. (NASDAQ: OSPN), and Portland General...

Sep 09, 2020 04:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Intel Corporation, Velocity Financial, FirstEnergy, and MEI Pharma and Encourages Investors to Contact

Sep 09, 2020 11:00 am ET

DEADLINE ALERT for FE, INTC, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Sep 08, 2020 08:31 pm ET

ROSEN, TRUSTED AND TOP RANKED INVESTOR COUNSEL, Reminds Velocity Financial, Inc. Investors of Important September 28 Deadline in Securities Class Action – VEL

Sep 06, 2020 11:34 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

Sep 03, 2020 11:00 am ET

DEADLINE ALERT for UCO, VEL, EADSF/EADSY, COG: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Sep 02, 2020 03:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Wins Finance, Guidewire Software, Intel, and Velocity Financial and Encourages Investors to Contact the

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Wins Finance Holdings, Inc. (NADSAQ: WINS), Guidewire Software, Inc. (NYSE:...

Sep 02, 2020 11:00 am ET

DEADLINE ALERT for INTC, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Sep 02, 2020 08:00 am ET

SHAREHOLDER DEADLINES APPROACHING for JCOM, VEL, and OSPN: Block & Leviton LLP Reminds Investors of Class Actions for Violations of the Federal Securities Laws

Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that securities class actions have been filed against J2 Global, Inc. (NASDAQ: JCOM), Velocity Financial, Inc. (NYSE: VEL), and OneSpan Inc....

Sep 01, 2020 05:30 pm ET

VEL CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Velocity Financial, Inc.

Sep 01, 2020 10:51 am ET

VEL SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Velocity Financial, Inc.

Aug 31, 2020 12:25 pm ET

ROSEN, A GLOBALLY RECOGNIZED FIRM, Reminds Velocity Financial, Inc. Investors of Important Deadline in Securities Class Action – VEL

Aug 31, 2020 11:30 am ET

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Velocity Financial, Inc. (VEL)

Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE: VEL) securities...

Aug 29, 2020 02:20 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

Aug 28, 2020 11:00 am ET

DEADLINE ALERT for INTC, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Aug 27, 2020 12:30 pm ET

DEADLINE ALERT for UCO, VEL, EADSF/EADSY, COG: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Aug 26, 2020 05:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Guidewire Software, Intel, Velocity Financial, and FirstEnergy and Encourages Investors to Contact the

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Guidewire Software, Inc. (NYSE: GWRE), Intel Corporation (NASDAQ: INTC),...

Aug 25, 2020 09:50 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Velocity Financial, Inc. - VEL

Aug 24, 2020 09:44 am ET

VEL SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Velocity Financial, Inc.

Aug 24, 2020 08:30 am ET

Velocity Financial, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP Reminds Velocity Financial, Inc. Investors of Important Deadline in Securities Class Action

Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal class action securities lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities that purchased...

Aug 24, 2020 08:00 am ET

SHAREHOLDER DEADLINES APPROACHING for JCOM and VEL: Block & Leviton LLP Reminds Investors of Class Actions for Violations of the Federal Securities Laws

Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors that securities class actions have been filed against J2 Global, Inc. (NASDAQ: JCOM) and Velocity Financial, Inc. (NYSE: VEL). Shareholders...

Aug 22, 2020 05:45 pm ET

ROSEN, NATIONAL TRIAL COUNSEL, Reminds Velocity Financial, Inc. Investors of Important Deadline in Securities Class Action – VEL

Aug 21, 2020 01:00 pm ET

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Velocity Financial, Inc. (VEL)

Aug 21, 2020 11:00 am ET

DEADLINE ALERT for FE, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Aug 21, 2020 09:00 am ET

Robbins Geller Rudman & Dowd LLP Notifies Velocity Financial, Inc. Investors of Lead Plaintiff Deadline

Robbins Geller Rudman & Dowd LLP (

Aug 20, 2020 01:00 pm ET

DEADLINE ALERT for UCO, VEL, EADSF/EADSY, COG: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

Aug 19, 2020 07:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Velocity Financial, FirstEnergy, MEI Pharma, and Cabot Oil & Gas and Encourages Investors to Contact th

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Velocity Financial, Inc. (NYSE: VEL), FirstEnergy Corp. (NYSE: FE), MEI Pharma,...

Aug 19, 2020 12:00 pm ET

VEL INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Velocity Financial, Inc. Shareholders of Class Action and Encourages Investors to Contact the Firm

Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Velocity Financial, Inc. f/k/a Velocity Financial, LLC ("Velocity" or "the Company") (NYSE: VEL) and certain of its...

Aug 18, 2020 09:51 am ET

VEL SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Velocity Financial, Inc.

Aug 16, 2020 12:40 am ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

Aug 13, 2020 11:00 am ET

DEADLINE ALERT for FE, INTC, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Aug 12, 2020 07:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Guidewire Software, Intel, Velocity Financial, and FirstEnergy and Encourages Investors to Contact the

Aug 12, 2020 04:10 pm ET

Velocity Financial, Inc. Announces Second Quarter 2020 Results

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or the “Company”) reported a loss per common share of $(2.33) resulting from a non-cash deemed dividend on preferred stock issued during the quarter. Net income for the second quarter of 2020 was $2.1 million, compared to net income of $2.6 million in the prior quarter. “Core” net income(1) for the second quarter of 2020 was $3.4 million, or $0.17 per share. “Core” earnings(1) excludes the increase to the macroeconomic model forecast of the CECL loan loss reserve of ($0.06) per share due to a more adverse outlook regarding t

Aug 11, 2020 12:00 pm ET

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Velocity Financial, Inc. (VEL)

Aug 10, 2020 04:27 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

Aug 10, 2020 11:00 am ET

VEL INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Velocity Financial, Inc. Shareholders of Class Action and Encourages Investors to Contact the Firm

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Velocity Financial, Inc. f/k/a Velocity Financial, LLC ("Velocity" or "the Company") (NYSE: VEL) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Velocity common stock pursuant and/or traceable to the Registration Statement and Prospectus (the "Offering Materials") issued in connection with Velocity’s January 2020 initial public offering ("IPO"). Such investors are encouraged to join this case by visiting the firm’s site:

Aug 07, 2020 04:00 pm ET

Velocity Financial, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP Investigates Velocity Financial, Inc. for Violations of the Federal Securities Laws

Aug 07, 2020 12:30 pm ET

Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Velocity Financial, Inc. (VEL) Investors

Law Offices of Howard G. Smith reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE: VEL) securities pursuant and/or traceable to the Registration Stat

Aug 07, 2020 12:00 pm ET

DEADLINE ALERT for FE, INTC, UCO, and VEL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Aug 07, 2020 08:30 am ET

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

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.

Aug 06, 2020 01:20 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Velocity Financial, Inc. - VEL

NEW YORK, Aug. 6, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE: VEL). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

Aug 05, 2020 07:00 pm ET

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Intel Corporation, Velocity Financial, and FirstEnergy and Encourages Investors to Contact the Firm

Aug 05, 2020 05:18 pm ET

Berger Montague Investigates Alleged Securities Fraud Claims Against Velocity Financial, Inc. (NYSE: VEL); Lead Plaintiff Deadline is September 28, 2020

PHILADELPHIA, Aug. 5, 2020 /PRNewswire/ -- Berger Montague is investigating potential securities fraud claims on behalf of investors who purchased the common stock of Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE: VEL) issued in connection with Velocity's January 2020 IPO (the "Offering Materials").

Aug 04, 2020 03:00 pm ET

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Velocity Financial, Inc. (VEL) Investors

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE: VEL) securities pursuant and/or traceable to the Registration Statement issued in connection with the Company’s January 2020 initial public

Aug 04, 2020 09:30 am ET

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Velocity Financial, Inc. (VEL) Investors

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE:

Aug 03, 2020 07:45 pm ET

RM LAW Announces Class Action Lawsuit Against Velocity Financial, Inc.

BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Velocity Financial, Inc. ("Velocity Financial" or the "Company") (NYSE: VEL) pursuant to the Company's January 2020 initial public offering ("IPO").

Aug 03, 2020 07:45 pm ET

VEL INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit has been Filed Against Velocity Financial, Inc.

NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the common stock of Velocity Financial. ("Velocity" or the "Company") (NYSE: VEL) issued in connection with Velocity's January 2020 IPO (the "Offering Materials"). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Act of 1933.

Aug 03, 2020 02:02 pm ET

Shareholder Alert: Robbins LLP Announces Velocity Financial, Inc. (VEL) Sued for Misleading Shareholders

Shareholder rights law firm Robbins LLP announces that a purchaser of Velocity Financial, Inc. (NYSE: VEL) filed a class action complaint against the Company for alleged violations of the Securities Act of 1933 pursuant to the Company's January 2020 initial public offering ("IPO"). Velocity operates as a real estate fina

Jul 31, 2020 07:00 pm ET

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Velocity Financial, Inc. (VEL) on Behalf of Investors

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE:

Jul 31, 2020 04:37 pm ET

VEL EQUITY ALERT: ROSEN, A RANKED AND LEADING FIRM, Announces Filing of Securities Class Action Lawsuit Against Velocity Financial, Inc. – VEL

Jul 31, 2020 10:39 am ET

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Velocity Financial, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact t

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Velocity Financial, Inc. (“Velocity” or “the Company”) (NYSE:

Jul 30, 2020 07:21 pm ET

ROSEN, TRUSTED INVESTOR COUNSEL, Announces Filing of Securities Class Action Lawsuit Against Velocity Financial, Inc. - VEL

NEW YORK, July 30, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) pursuant and/or traceable to the Company's initial public offering conducted in January 2020 (the "IPO" or "Offering"). The lawsuit seeks to recover damages for Velocity Financial investors under the federal securities laws.

Jul 30, 2020 05:09 pm ET

The Law Offices of Frank R. Cruz Announces Investigation of Velocity Financial, Inc. (VEL) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation on behalf of Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE:

Jul 30, 2020 03:24 pm ET

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Velocity Financial, Inc. (VEL) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Velocity Financial, Inc. ("Velocity" or the "Company") (NYSE: VEL) investors concerning the Company and its officers’ possible violations of federal securities laws.

Jul 30, 2020 01:54 pm ET

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Velocity Financial, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Velocity Financial, Inc. (“Velocity” or “the Company”) (NYSE:

Jul 30, 2020 01:31 pm ET

Velocity Financial Investors With Losses Greater Than $50,000 Encouraged To Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL) to determine whether the Company engaged in securities fraud or other unlawful business...

Jul 30, 2020 12:42 pm ET

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Velocity Financial, Inc. To Contact The Firm

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...

Jul 30, 2020 10:59 am ET

EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Velocity Financial, Inc. – VEL

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) pursuant and/or traceable to the Company’s initial public offering conducted in January 2020 (the “IPO” or “Offering”). The lawsuit seeks to recover damages for Velocity Financial investors under the federal securities laws.

Jul 29, 2020 09:52 pm ET

INVESTOR ALERT: Kaskela Law LLC Announces Shareholder Class Action Lawsuit Filed Against Velocity Financial, Inc. and Encourages Investors to Contact the Firm - VEL

PHILADELPHIA, July 29, 2020 /PRNewswire/ -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Velocity Financial, Inc. ("Velocity") (NYSE: VEL) on behalf of investors who purchased or acquired shares of Velocity common stock in connection with or following the company's January 2020 initial public offering ("IPO") of stock.

Jul 29, 2020 07:30 pm ET

VELOCITY FINANCIAL ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Velocity Financial, Inc. and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Velocity Financial, Inc. (NYSE: VEL) common stock pursuant and/or traceable to the Registration Statement and Prospectus, as amended, issued in connection with Velocity’s January 2020 IPO. Investors have until September 28, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Jul 29, 2020 06:44 pm ET

Velocity Financial Investors: Lawsuit Filed To Recover Losses Suffered, Contact the Portnoy Law Firm for Free to Discuss Claim

The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Velocity Financial, Inc. f/k/a Velocity Financial, LLC (NYSE:VEL) investors that acquired shares pursuant and/or traceable to the Registration Statement...

Jul 29, 2020 04:30 pm ET

Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Velocity Financial, Inc.

Robbins Geller Rudman & Dowd LLP (

Jul 28, 2020 08:30 am ET

Velocity's Board of Directors Elects Dorika M. Beckett as a New Independent Director

Velocity Financial, Inc. (NYSE: VEL), today announced that its Board of Directors elected Dorika M. Beckett as a new independent director.

Jul 24, 2020 06:45 pm ET

ROSEN, A LEADING LAW FIRM, Announces Investigation of Securities Claims Against Velocity Financial, Inc. – VEL

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Velocity Financial, Inc. (NYSE: VEL) resulting from allegations that Velocity Financial may have issued...

Jul 21, 2020 06:45 pm ET

ROSEN, NATIONAL INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Velocity Financial, Inc. – VEL

Jul 18, 2020 12:00 pm ET

INVESTOR ALERT: Kaskela Law LLC Announces Investigation of Velocity Financial, Inc. on Behalf of Investors - VEL

PHILADELPHIA, July 18, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Velocity Financial, Inc. ("Velocity") (NYSE: VEL) on behalf of the company's shareholders. The investigation seeks to determine whether Velocity and/or the company's executive officers and directors violated the securities laws.

Jul 16, 2020 07:38 pm ET

ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Announces Investigation of Securities Claims Against Velocity Financial, Inc. - VEL

NEW YORK, July 16, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Velocity Financial, Inc. (NYSE: VEL) resulting from allegations that Velocity Financial may have issued materially misleading business information to the investing public.

Jul 13, 2020 08:30 am ET

Velocity Completes $276 Million Securitization: Represents Completion of Financing Solutions for Assets Previously Financed with Legacy Warehouse Lines

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 rental and small commercial properties originated through Velocity’s operating platform. Approximately 17% of the loans are in a COVID forbearance plan as of May 31, 2020. Velocity sold the oversubscribed Class A note to a broad base of investors with an initial amount of $179 million and a fixed interest rate of 4.5%. The Company retaine

Jul 07, 2020 08:30 am ET

Roland Kelly Joins Velocity Financial as General Counsel and Corporate Secretary

Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), today announced Roland Kelly has joined Velocity’s Executive Leadership team as General Counsel and Corporate Secretary. In this role, Roland will oversee the company’s legal, compliance and corporate secretary functions, reporting to Velocity's President and Chief Executive Officer, Chris Farrar, and Velocity's Board of Directors.

Jun 15, 2020 08:30 am ET

Velocity Completes $128 Million Securitization: Second of 2020 and Fourteenth Securitization Since 2011

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”) backed by a portfolio of 30-year investor loans originated through Velocity’s operating platform. The senior Certificate, with a UPB of $96 million and a fixed interest rate of 4.5%, was sold and the remaining Certificates were retained by the Company.

Jun 03, 2020 05:06 pm ET

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Velocity Financial, Inc. – VEL

Jun 02, 2020 08:30 am ET

Velocity Commercial Capital Securitization Ratings Affirmed by Kroll Bond Rating Agency

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-owned subsidiary, Velocity Commercial Capital, LLC (“VCC”), with a stable outlook for all remaining tranches. The ratings affirmation occurred in conjunction with the completion of KBRA’s comprehensive surveillance review.

Jun 01, 2020 10:01 am ET

Velocity Financial Investors Who Have Suffered Losses Greater Than $50K Encouraged To Contact Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Velocity Financial, Inc. (“Velocity Financial” or the “Company”) (NYSE: VEL) to determine whether the Company issued materially misleading information to...

May 29, 2020 02:32 pm ET

VELOCITY FINANCIAL, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP Investigates Velocity Financial, Inc. for potential violations of the federal securities laws

NEW YORK, May 29, 2020 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential violations of the federal securities laws by Velocity Financial, Inc. ("Velocity" or "the Company") (NYSE: VEL).

May 14, 2020 02:54 pm ET

Shareholder Alert: Robbins LLP Reminds Investors It is Investigating the Officers and Directors of Velocity Financial, Inc. (VEL) on Behalf of Shareholders

Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating Velocity Financial, Inc. (NYSE: VEL) for potential material misstatements and violations of federal securities laws pursuant to its January 2020 initial public offering ("IPO"). Velocity offered 7,250,000 shares at $13 per share and rai

May 13, 2020 01:15 pm ET

Kaskela Law LLC Announces Stockholder Investigation of Velocity Financial, Inc. (VEL)

PHILADELPHIA, May 13, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Velocity Financial, Inc. ("Velocity") (NYSE: VEL) on behalf of the company's shareholders. The investigation seeks to determine whether Velocity and/or the company's executive officers and directors violated the securities laws.

May 13, 2020 08:30 am ET

Velocity Financial, Inc. Announces First Quarter 2020 Results

Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or the “Company”) reported net income of $2.6 million, a decrease from $5.2 million in the fourth quarter of 2019. Core net income for the first quarter of 2020 was $5.8 million, or $0.29 per share. “Core” earnings per share reflect adjustments for unique 1Q20 impacts, including one-time debt amortization cost in addition to COVID-19 impacts on the Company’s loan loss reserve. Book value of stockholders’ equity was $250.4 million at March 31, 2020, reflecting growth from new IPO capital and retained earnings as the Company did not engage in distr

May 11, 2020 04:00 pm ET

VELOCITY FINANCIAL, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP Investigates Velocity Financial, Inc. for Potential Violations of the Federal Securities Laws

Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential violations of the federal securities laws by Velocity Financial, Inc. ("Velocity" or "the Company") (NYSE: VEL). All investors who purchased American Depositary Shares...

May 11, 2020 08:30 am ET

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

Velocity Financial, Inc. (NYSE:VEL) (“Company”) announced today that it will release first quarter 2020 results before the market opens on Wednesday, May 13, 2020.

May 05, 2020 04:59 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Velocity Financial, Inc. – VEL

Apr 27, 2020 03:37 pm ET

Velocity Financial, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP Investigates Velocity Financial, Inc. for Potential Violations of the Federal Securities Laws

Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential violations of the federal securities laws by Velocity Financial, Inc. (“Velocity” or “the Company”) (NYSE: VEL). All investors who purchased American Depositary Shares...

Apr 26, 2020 09:49 am ET

Velocity (VEL) Alert: Johnson Fistel Investigates Velocity Financial, Inc.; Investors Suffering Losses Encouraged to Contact Firm

Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Velocity Financial, Inc. ("Velocity" or "the Company") (NYSE: VEL). On or about January 22, 2020, Velocity sold 7,250,000...

Apr 21, 2020 04:36 pm ET

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Velocity Financial, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Velocity Financial, Inc. (“Velocity” or “the Company”) (NYSE:

Apr 21, 2020 02:42 pm ET

Shareholder Alert: Robbins LLP is Investigating the Officers and Directors of Velocity Financial, Inc. (VEL) on Behalf of Shareholders

Shareholder rights law firm Robbins LLP informs shareholders that it is investigating Velocity Financial, Inc. (NYSE: VEL) for potential material misstatements and violations of federal securities laws pursuant to its January 2020 initial public offering ("IPO"). Velocity offered 7,250,000 shares at $13 per share and raised $10

Apr 20, 2020 09:06 pm ET

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Velocity Financial, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Apr 20, 2020 10:00 am ET

VEL INVESTIGATION: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Investigation of Velocity Financial, Inc.

NEW YORK, April 20, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Velocity Financial, Inc. ("Velocity" or "the Company") (NYSE: VEL). Investors who purchased Velocity securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/vel.

Apr 16, 2020 08:30 pm ET

Velocity (VEL) Alert: Johnson Fistel Investigates Velocity Financial, Inc.; Investors Suffering Losses Encouraged to Contact Firm

SAN DIEGO, April 16, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Velocity Financial, Inc. ("Velocity" or "the Company") (NYSE: VEL).

Apr 08, 2020 08:30 am ET

Velocity Financial, Inc. Announces Fourth Quarter and Full Year 2019 Results

Velocity Financial, Inc. (NYSE:VEL) (“Velocity”) reported net interest income of $17.1 million, an increase of 40 percent from the fourth quarter of 2018. Net income for the fourth quarter of 2019 was $5.2 million, or $0.44 per diluted share on a pro forma basis1, an increase of 167 percent from the fourth quarter of the prior year. Net operating income was $12.2 million, an 81 percent increase from the fourth quarter of 2018 and pro forma book value at December 31, 2019 was $13.01 per share.

Apr 06, 2020 07:37 am ET

Velocity Financial Announces $45 Million Equity Offering and Financing Amendments

Velocity Financial, Inc. (NYSE: VEL), (the “Company,” “Velocity,” “we” or “our”) today announced that it has reached an agreement to issue and sell $45 million of Series A Convertible Preferred Stock and warrants to purchase shares of the Company’s common stock to investment funds affiliated with Snow Phipps Group, LLC (“Snow Phipps”) and TOBI III SPE I LLC (“TOBI”).

Mar 18, 2020 08:09 am ET

Velocity Financial Update on Current Operating Conditions

Velocity Financial, Inc. (NYSE: VEL), (the “Company”) today provided an update on the current operating environment and operational metrics.

Mar 12, 2020 09:00 am ET

Velocity Financial Increases Credit Capacity with Barclays Bank PLC to $300 Million to Finance Company’s Growth

Velocity Financial, Inc. (NYSE: VEL) and Barclays Bank PLC agreed on March 11, 2020 to increase the capacity of its subsidiary Velocity Commercial Capital’s existing warehouse repurchase facility to $300 million in order to support the company’s loan origination growth.

Mar 09, 2020 09:00 am ET

Velocity Mortgage Capital Expands Marketing Toolkit with Insights for Search Engine Marketing to Help Mortgage Brokers Attract New Clients and Grow Their Businesses

Velocity Mortgage Capital (NYSE: VEL), a direct portfolio lender dedicated exclusively to providing investment property loans, has added search engine marketing (SEM) insights and sample creative ads to its

Feb 11, 2020 04:15 pm ET

Velocity Announces Pricing of $249 Million Securitization

Velocity Financial, Inc. (NYSE: VEL), a leading originator of investor loans secured by 1-4 unit residential rental and small commercial properties, today announced the pricing of its first securitization transaction of 2020. The VCC 2020-1 Mortgage-Backed certificates (the “Certificates”) are rated by KBRA (Kroll Bond Rating Agency) and are backed by a portfolio of loans originated through Velocity’s operating platform.

Jan 16, 2020 05:48 pm ET

Velocity Financial, Inc. Announces Pricing of its Initial Public Offering

Velocity Financial, Inc. (“Velocity”) today announced the pricing of its initial public offering of 7,250,000 shares of its common stock at $13.00 per share. Shares of Velocity’s common stock are expected to begin trading on the New York Stock Exchange on January 17, 2020 under the symbol “VEL,” and the offering is expected to close on January 22, 2020, subject to customary closing conditions. Velocity has granted the underwriters a 30-day option to purchase up to an additional 1,087,500 shares of its common stock at the initial public offering price less the underwriting discount.

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