Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
17.51
-0.40 (-2.23%)
At close: Jul 24, 2025, 4:00 PM
17.51
0.00 (0.00%)
After-hours: Jul 24, 2025, 7:00 PM EDT
Company 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 real estate, including investor 1-4 unit residential rental properties; residential apartments combined with office or retail space; and loans for multi-family, mixed use, and commercial properties.
The company also provides warehouse and other properties. It offers its products through a network of independent mortgage brokers and direct borrower relationships.
The company was founded in 2004 and is headquartered in Westlake Village, California
Velocity Financial, Inc.
| Country | United States |
| Founded | 2004 |
| IPO Date | Jan 17, 2020 |
| Industry | Mortgage Finance |
| Sector | Financials |
| Employees | 309 |
| CEO | Christopher Farrar |
Contact Details
Address: 2945 Townsgate Road, Suite 110 Westlake Village, California 91361 United States | |
| Phone | 818 532 3700 |
| Website | velfinance.com |
Stock Details
| Ticker Symbol | VEL |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $13.00 |
| CIK Code | 0001692376 |
| CUSIP Number | 92262D101 |
| ISIN Number | US92262D1019 |
| SIC Code | 6199 |
Key Executives
| Name | Position |
|---|---|
| Christopher D. Farrar | Co-Founder, Chief Executive Officer, President and Director |
| Mark R. Szczepaniak | Chief Financial Officer |
| Jeffrey T. Taylor | Executive Vice President of Capital Markets |
| Joseph A. Cowell | Chief Operating Officer |
| Fiona Tam | Chief Accounting Officer |
| Christopher J. Oltmann | Corporate Treasurer and Director of Investor Relations |
| Roland Thomas Kelly J.D. | Chief Legal Officer, General Counsel and Corporate Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 1, 2025 | 144 | Filing |
| May 28, 2025 | 8-K | Current Report |
| May 27, 2025 | S-8 | Securities to be offered to employees in employee benefit plans |
| May 2, 2025 | 8-K | Current Report |
| May 2, 2025 | 8-K | Current Report |
| May 1, 2025 | SCHEDULE 13D/A | Filing |
| May 1, 2025 | 10-Q | Quarterly Report |
| Apr 15, 2025 | SCHEDULE 13D/A | Filing |
| Apr 14, 2025 | 424B5 | Filing |
| Apr 14, 2025 | 8-K | Current Report |