VEL
vs
S&P 500
VEL
S&P 500
Over the past 12 months, VEL has underperformed S&P 500, delivering a return of -9% compared to the S&P 500's +17% growth.
Stocks Performance
VEL vs S&P 500
Performance Gap
VEL vs S&P 500
Performance By Year
VEL vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Velocity Financial Inc
Glance View
Velocity Financial, Inc. operates a real estate finance company. The company is headquartered in Westlake Village, California and currently employs 215 full-time employees. The company went IPO on 2020-01-17. The firm originates and manages investor loans secured by one-to-four-unit residential rental and small commercial properties, which it refers to collectively as investor real estate loans. The company originates loans nationwide across its network of independent mortgage brokers. The firm's portfolio includes loans held for investment and loans held for sale. Its loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its loan portfolio totaled $2.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. The firm funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitizations, corporate debt and equity.
