Ticker name:VELVelocity Financial, Inc.
Country: US-Sector: Financial Services, Industry: Financial - Mortgages
Operating across the United States, Velocity Financial, Inc. functions as a specialized real estate finance firm. Its core business involves generating and overseeing investment loans, which are typically secured by 1-4 unit residential rental properties and smaller commercial real estate assets. The company delivers its financial offerings to clients via an extensive network of independent mortgage brokers. Velocity Financial, Inc. was established in 2004 and is headquartered in Westlake Village, California.
- CEO: Christopher D. Farrar
- IPO: Jan 17, 2020
- Website:velfinance.com (open a new tab)
Market Cap 661M
Last close 16.75$
Key metrics
Largest 12 companies In Financial - Mortgages
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | RKT | Rocket Companies, Inc. | 43B | 15.01$ | |
| 2 | PFSI | PennyMac Financial Services, Inc. | 3.5B | 67.55$ | |
| 3 | UWMC | UWM Holdings Corp | 2.7B | 1.69$ | |
| 4 | ECPG | ENCORE CAPITAL GROUP INC | 2.1B | 99.93$ | |
| 5 | WD | Walker & Dunlop, Inc. | 1.3B | 38.34$ | |
| 6 | LADR | Ladder Capital Corp | 1.2B | 9.36$ | |
| 7 | VEL | Velocity Financial, Inc. | 661M | 16.75$ | |
| 8 | BETR | Better Home & Finance Holding Co | 384M | 20.19$ | |
| 9 | SNFCA | SECURITY NATIONAL FINANCIAL CORP | 258M | 9.44$ | |
| 10 | ONIT | ONITY GROUP INC. | 256M | 30.7$ | |
| 11 | LDI | loanDepot, Inc. | 230M | 0.6793$ | |
| 12 | IOR | INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ | 75M | 18.52$ |