VEL
Velocity Financial, Inc.
NYSE · Financial Services · Financial - Mortgages · US
$18.43
+0.16%Aug 27, 2026, 15:49 UTC
Toorak Capital LLC agreed to sell approximately $3 billion in unpaid principal balance of business-purpose loans, including whole loans and loans in securitizations, to a third-party investment firm.
Aug 27, 2026, 11:30 UTC
Velocity Financial announced a definitive agreement to acquire the operating platform of Toorak Capital LLC, a business-purpose lending and asset management platform majority owned by KKR-affiliated funds, and to manage Toorak's $3 billion business-purpose loan portfolio.
Aug 5, 2026, 00:00 UTC
Velocity Financial, Inc. reported Q2 2026 results with net revenue of $94.99 million, net income of $25.16 million, and diluted EPS of $0.64.
Source:Jul 3, 2026, 12:30 UTC
Kroll Bond Rating Agency affirmed and upgraded ratings on 30 securitizations issued by Velocity Commercial Capital, a subsidiary of Velocity Financial.
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