MetaCap

Velocity Financial Inc. Company Profile

NYSE: VELFinanceFinance: Consumer ServicesUSD

14.55-0.19 (-1.29%)

Market open · Delayed 15 min · as of Oct 8, 12:19 PM ET

Velocity Financial at a glance

Velocity Financial Inc. (NYSE: VEL) is a Finance: Consumer Services company in the Finance sector headquartered in Westlake Village, CA. Velocity Financial is led by Mr. Christopher D. Farrar and employs about 364 people. The company's shares have traded publicly since 2020.

At a market capitalization of $587.1 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001692376, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Velocity Financial do?

Velocity Financial, Inc. operates as a real estate finance company in the United States. The company originates, securitizes, and manages a portfolio of loans, which are secured by real estate, including investor loans unit residential rental properties; residential rental properties office; 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

Business description based on the company's public filings.

Company information

Legal name
Velocity Financial Inc.
Ticker
NYSE: VEL
Sector
Finance
Industry
Finance: Consumer Services
CEO
Mr. Christopher D. Farrar
Employees
364
Headquarters
2945 Townsgate Road, Westlake Village, CA, United States
Phone
818 532 3700
IPO year
2020
Market cap
$587.09M
SEC CIK
0001692376

Companies similar to Velocity Financial

VEL peer companies
CompanyPrice% ChgMarket capCompare
TRONTron Inc.1.25-2.73%$590.61Mvs VEL
ABTCAmerican Bitcoin Corp. Class A7.89-3.97%$574.81Mvs VEL
GEMIGemini Space Station Inc. Class A4.35-3.12%$563.99Mvs VEL
WYFIWhiteFiber Inc.15.85-5.82%$615.74Mvs VEL
FWDIForward Industries Inc.7.14-3.38%$544.70Mvs VEL
HKDAMTD Digital Inc. ADR1.70-1.73%$534.27Mvs VEL
PFLTPennantPark Floating Rate Capital Ltd.6.64-0.37%$658.31Mvs VEL
OPFIOppFi Inc. Class A6.05-0.25%$515.08Mvs VEL

Related