Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), filed its fourth quarter and full year 2023 results on March 7, 2024. It has recently come to management’s attention that the earnings release contained a typographical error.

The ninth bullet under Fourth Quarter Highlights stated:

  • Non-recourse debt to equity ratio of 1.2 times

The ninth bullet, as corrected, should read as follows:

  • Recourse debt to equity ratio of 1.2 times

About Velocity Financial, Inc.

Based in Westlake Village, California, Velocity is a vertically integrated real estate finance company that primarily originates and manages investor loans secured by 1-4-unit residential rental and small commercial properties. Velocity originates loans nationwide across an extensive network of independent mortgage brokers built and refined over 19 years.

Investors and Media: Chris Oltmann (818) 532-3708

Velocity Financial (NYSE:VEL)
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부터 10월(10) 2024 으로 11월(11) 2024 Velocity Financial 차트를 더 보려면 여기를 클릭.
Velocity Financial (NYSE:VEL)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024 Velocity Financial 차트를 더 보려면 여기를 클릭.