Velocity Financial is buying Toorak Capital’s lending platform in a $3.2B transaction that would sharply expand originations and servicing.
Detailed price information for Velocity Financial Inc (VEL-N) from The Globe and Mail including charting and trades.
Velocity Financial (VEL) said Thursday that it agreed to acquire the operating platform of Toorak Ca
WESTLAKE VILLAGE, Calif., August 27, 2026--Velocity Financial, Inc. (NYSE: VEL; "Velocity" or the "Company") today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC ("Toorak"), a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase of Toorak’s existing portfoli
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Detailed price information for Velocity Financial Inc (VEL-N) from The Globe and Mail including charting and trades.
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WESTLAKE VILLAGE, Calif., August 05, 2026--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $25.2 million and core net income of $27.9 million for 2Q26, compared to $26.0 million and $27.5 million, respectively, for 2Q25. Earnings and core earnings per diluted share were $0.64 and $0.71 for 2Q26, compared to $0.69 and $0.73, respectively, for 2Q25.
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
WESTLAKE VILLAGE, Calif., July 22, 2026--Velocity Financial, Inc. (NYSE:VEL) ("Velocity" or "Company"), a leader in investor real estate loans, will release its second quarter 2026 results after the market close on Wednesday, August 5, 2026. 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.
WESTLAKE VILLAGE, Calif., July 03, 2026--Velocity Financial, Inc. (NYSE: VEL) ("Velocity" or the "Company"), a leader in investor real estate loans, today announced that Kroll Bond Rating Agency ("KBRA") has reviewed the ratings on 30 of the outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC ("VCC"), resulting in 379 rating affirmations and 27 rating upgrades of the underlying tranches. These rating actions occurred in conjunction with KBRA’s comp
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