Velocity Financial, Inc. filings document operating results, capital-structure actions and governance matters for a real estate finance company focused on investor and business-purpose loans. The company’s 8-K filings furnish quarterly and annual earnings releases, preliminary results and Regulation FD presentations covering loan portfolio growth, net income, core earnings, portfolio net interest margin and related risk disclosures tied to economic, real estate market and regulatory conditions.
Material-event filings also describe debt financing by wholly owned subsidiary Velocity Commercial Capital, LLC, including the completed issuance of 9.375% Senior Notes due 2031, the indenture, company guarantee and unregistered Rule 144A and Regulation S offering structure. Proxy filings cover annual meeting and shareholder voting matters for Velocity’s common stock.
Velocity Financial, Inc. executive Kelly Roland Thomas, Chief Legal Officer and General Counsel, sold 1,600 shares of common stock on 2026-08-06 in an open-market transaction under a Rule 10b5-1 trading plan. The sale occurred through multiple trades at weighted-average prices between $18.355 and $18.72 per share, and Thomas now holds 95,794 shares directly.
Velocity Financial, Inc. reported that Chief Financial Officer Mark R. Szczepaniak, through a family trust, sold 400 shares of common stock on August 6, 2026 at a weighted-average price of $18.00 per share under a Rule 10b5-1 trading plan. The family trust held 66,400 shares afterward, and Szczepaniak also reported 101,535 shares held directly as of that date.
Velocity Financial, Inc., a lender focused on investor real estate loans, reported net income attributable to the company of $25,163 (in thousands) for the quarter ended June 30, 2026, versus $25,997 (in thousands) a year earlier. Diluted earnings per share were $0.64 compared with $0.69.
For the first six months of 2026, net income attributable to the company was $47,526 (in thousands) and diluted EPS was $1.21. Quarterly interest income rose to 160,986 (in thousands) from 135,567, and net interest income increased to 48,890 from 47,586, while other operating income grew to 47,078 from 39,847.
Total operating expenses for the quarter increased to 59,753 (in thousands), driven by higher compensation, loan servicing, and real estate owned costs. As of June 30, 2026, total assets were 7,963,130 (in thousands) and total equity 725,164. During the first half, the company issued unsecured senior notes and sold a pool of nonperforming loans into the 2026-MC2 Trust, receiving gross proceeds of $107.2 million, repaying $91.9 million of indebtedness, and recognizing a $754 thousand gain.
Velocity Financial, Inc. reported 2Q26 net income of $25.2 million, down 3.2% from $26.0 million a year earlier, with diluted EPS of $0.64 versus $0.69. Core net income was $27.9 million, up 1.4% year over year, and core diluted EPS was $0.71 versus $0.73. Portfolio net interest margin was 3.66%, 16 basis points lower than 3.82% in 2Q25, while diluted book value per share rose to $18.43 as of June 30, 2026, from $15.62 a year earlier, and adjusted diluted book value per share was $20.59.
Total loan portfolio unpaid principal balance reached $7.0 billion as of June 30, 2026, a 19.2% increase from $5.9 billion, with 2Q26 loan production of $672.6 million, down 7.3% year over year. Nonperforming loans were 9.6% of held-for-investment loans, improving from 10.3%, and the nonperforming loan allowance declined to $29.4 million from $60.0 million. The real estate owned portfolio grew to $142.1 million, or 2.0% of held-for-investment loans, with net gains from REO activity in the quarter.
Velocity completed the VCC 2026-2 securitization with $398.5 million of securities at a weighted average rate of 5.85% and the VCC 2026-MC2 nonperforming loan securitization generating $11.2 million of net proceeds. Liquidity totaled $240.0 million, including $76.1 million of cash and $163.9 million of available borrowings, and available warehouse capacity was $661.8 million. Recourse debt to equity was 1.2x, reflecting $500 million of unsecured debt issued in 1Q26 and higher warehouse utilization.
Velocity Financial, Inc. reported second quarter 2026 results with income before income tax of $35.2 million, up 3.9% from 2Q25, and net income of $25.2 million, down 3.2% as a higher effective tax rate offset stronger revenue. Diluted EPS was $0.64 versus $0.69, while core net income rose to $27.9 million and core diluted EPS were $0.71.
Net interest income after provision increased 4.2% to $47.9 million and net revenue grew 10.7% to $95.0 million, driven by higher portfolio net interest income and $47.1 million of other operating income. The total loan portfolio reached $7.0 billion in UPB, 19.2% above a year earlier, with portfolio net interest margin at 3.66% and nonperforming loans at 9.6% of held-for-investment loans, improving from 10.3%. Liquidity totaled $240.0 million and the company completed two securitizations during the quarter.
Velocity Financial, Inc. Chief Financial Officer Mark R. Szczepaniak reported a sale of 400 shares of common stock held through a family trust at a weighted average price of $18.00 per share under a Rule 10b5-1 trading plan. After these transactions, he reports 68,000 shares held indirectly via the trust and 101,535 shares held directly.
Issuer (NYSE: VEL) has a notice of intent to sell common stock under Form 144. A broker account at Morgan Stanley Smith Barney LLC Executive Financial Services lists 2,000 common shares with an aggregate market value of $35,280.00 and a reference market value of $39,255,281 as of July 28, 2026.
The securities to be sold are tied to Performance Stock Units dated January 21, 2025. The filing also lists prior 10b5-1 plan sales by SZCZEPANIAK FAMILY TRUST, including two sales of 1,573 common shares each, for proceeds of $28,420.49 on June 26, 2026 and $30,358.90 on May 1, 2026.
Velocity Financial, Inc. Chief Accounting Officer Fiona Tam reported an open-market sale of 68 shares of common stock at $19.00 per share. The transaction occurred on July 7, 2026 and was executed under a pre-planned Rule 10b5-1 trading plan adopted on March 14, 2026. Following this sale, Tam directly holds 48,361 shares of Velocity Financial common stock, so the transaction represents only a small portion of her overall reported ownership.
Velocity Financial, Inc. Executive VP of Capital Markets Jeffrey T. Taylor reported an open-market sale of 2,165 shares of Common Stock at $19.00 per share on July 7, 2026.
After this transaction, he directly holds 176,820 shares. The sale was made under a pre-arranged trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), suggesting it was scheduled in advance as part of routine portfolio management.