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Velocity Financial Inc
2945 Townsgate Road, Suite 110
WESTLAKE VILLAGE, CA  91361  United States Ticker: VELVEL
Business Summary
Velocity Financial, Inc. is a vertically integrated real estate finance company that primarily originates and manages business purpose loans secured by 1-4-unit residential rental and small commercial properties. It originates loans nationwide across its network of independent mortgage brokers. The Company's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $4.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. The Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023YesYes---

Industries
SIC Code Description
6162 Mortgage bankers and loan correspondents
6199 Finance services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Alan H.Mantel 60 1/1/2007 1/1/2007
Chief Executive Officer, Director Christopher D.Farrar 57 1/1/2004 1/1/2004
Chief Financial Officer Mark R.Szczepaniak 66 5/1/2017 5/1/2017
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Century Health Capital, Inc. 18 Division St Saratoga Springs NY United States

Business Names
Business Name
Century Health & Housing Capital, LLC
Century Health Capital, Inc.
New Day Business Finance LLC
33 additional Business Names available in full report.

General Information
Number of Employees: 253 (As of 12/31/2023)
Outstanding Shares: 33,114,845 (As of 11/1/2024)
Shareholders: 1,570
Stock Exchange: NYSE
Federal Tax Id: 333234250
Fax Number: (302) 636-5454


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Wednesday, November 20, 2024