NYSE - Delayed Quote USD

Velocity Financial, Inc. (VEL)

Compare
20.23 -0.19 (-0.93%)
At close: December 20 at 4:00:02 PM EST
20.23 0.00 (0.00%)
After hours: December 20 at 5:05:00 PM EST

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Christopher D. Farrar Co-Founder, CEO, President & Director 2.48M -- 1967
Mr. Mark R. Szczepaniak Chief Financial Officer 1.17M -- 1958
Mr. Jeffrey T. Taylor Executive Vice President of Capital Markets 929.19k -- 1969
Mr. Joseph A. Cowell Chief Operating Officer 420.6k -- 1980
Ms. Fiona Tam Chief Accounting Officer -- -- 1971
Mr. Christopher J. Oltmann Corporate Treasurer & Director of Investor Relations -- -- 1966
Mr. Roland Thomas Kelly J.D. Chief Legal Officer, General Counsel & Corporate Secretary -- -- 1970

Velocity Financial, Inc.

30699 Russell Ranch Road
Suite 295
Westlake Village, CA 91362
United States
818 532 3700 https://www.velfinance.com
Industry: 
Mortgage Finance
Full Time Employees: 
253

Description

Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by first mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a non-owner occupied residential rental properties with 1-4 units; residential apartments combined with office or retail space; and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. The company also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties. It offers its products through a network of independent mortgage brokers for independent real estate investors and small business owners. The company was founded in 2004 and is headquartered in Westlake Village, California.

Corporate Governance

Velocity Financial, Inc.’s ISS Governance QualityScore as of December 1, 2024 is 2. The pillar scores are Audit: 8; Board: 2; Shareholder Rights: 1; Compensation: 1.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

March 5, 2025 at 9:00 PM UTC - March 10, 2025 at 9:00 PM UTC

Velocity Financial, Inc. Earnings Date

Recent Events

December 10, 2024 at 12:00 AM UTC

S-3/A: Offering Registrations

November 27, 2024 at 12:00 AM UTC

S-3: Offering Registrations

November 8, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

August 2, 2024 at 12:00 AM UTC

10-Q: Periodic Financial Reports

May 23, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

May 10, 2024 at 12:00 AM UTC

CORRESP: A correspondence can be sent as a document with another submission type or can be sent as a separate submission

May 3, 2024 at 12:00 AM UTC

10-Q: Periodic Financial Reports

May 2, 2024 at 12:00 AM UTC

S-3: Offering Registrations

March 27, 2024 at 12:00 AM UTC

ARS: Annual Report to Shareholders

March 15, 2024 at 12:00 AM UTC

10-K: Periodic Financial Reports

Related Tickers