Velocity Financial (NYSE: VEL) agrees to sell $133.2M in non-performing loans

Rhea-AI Filing Summary

Velocity Financial, Inc. reported that on December 16, 2025, it issued a press release announcing an agreement to sell $133.2 million in UPB of non-performing loans. The details of this agreement are provided in the press release filed as Exhibit 99 to this report. The company’s common stock, par value $0.01 per share, is listed on the New York Stock Exchange under the symbol VEL.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 16, 2025

Velocity Financial, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware			001-39183	46-0659719
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
2945 Townsgate Road, Suite 110
Westlake Village, California				91361
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (818) 532-3700

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.01 per share		VEL		The New York Stock Exchange
Common stock, par value $0.01 per share		VEL		NYSE Texas, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

Item 8.01 Other Events.

On December 16, 2025, we issued a press release announcing an agreement to sell $133.2 million in UPB of non-performing loans. The press release is attached as Exhibit 99 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit Number		Description
99		Press Release dated December 16, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Velocity Financial, Inc.
Date:	December 16, 2025	By:	/s/ Roland T. Kelly
			Roland T. Kelly, Chief Legal Officer

FAQ

What transaction did Velocity Financial (VEL) disclose in this filing?

Velocity Financial disclosed that it issued a press release announcing an agreement to sell $133.2 million in UPB of non-performing loans.

When did Velocity Financial (VEL) announce the agreement to sell non-performing loans?

Velocity Financial stated that on December 16, 2025, it issued a press release announcing the agreement to sell $133.2 million in UPB of non-performing loans.

Where can investors find more details about Velocity Financial’s $133.2 million non-performing loan sale?

Details are provided in the press release attached as Exhibit 99, titled "Press Release dated December 16, 2025," which is incorporated by reference.

On which exchange is Velocity Financial (VEL) common stock listed?

Velocity Financial’s common stock, par value $0.01 per share, is listed on the New York Stock Exchange under the symbol VEL.

What SEC items are covered in Velocity Financial’s current report related to the loan sale?

The report includes Item 7.01 Regulation FD Disclosure, Item 8.01 Other Events, and Item 9.01 Financial Statements and Exhibits.

What exhibits accompany this Velocity Financial (VEL) report?

The exhibits include Exhibit 99, the Press Release dated December 16, 2025, and Exhibit 104, the cover page interactive data file embedded within the Inline XBRL document.