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Velocity Financial, Inc. (VEL)

NYSE - NYSE Delayed Price. Currency in USD
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11.30-0.03 (-0.22%)
As of 11:59AM EDT. Market open.

Velocity Financial, Inc.

30699 Russell Ranch Road
Suite 295
Westlake Village, CA 91362
United States
818 532 3700
https://www.velfinance.com

Sector(s)Financial Services
IndustryMortgage Finance
Full-time employees215

Key executives

NameTitlePayExercisedYear born
Mr. Christopher D. FarrarCo-Founder, CEO, Pres & Director1.38MN/A1967
Mr. Mark R. SzczepaniakChief Financial Officer788.85kN/A1958
Mr. Jeffrey T. TaylorExec. VP of Capital Markets651.5kN/A1969
Ms. Fiona TamChief Accounting OfficerN/AN/A1971
Mr. Christopher J. OltmannCorp. Treasurer & Director of Investor RelationsN/AN/A1966
Mr. Roland Thomas KellyChief Legal Officer, Gen. Counsel & Corp. Sec.N/AN/A1971
Mr. Graham M. ComleyChief Information Officer of Velocity Commercial Capital LLCN/AN/A1980
Mr. Joseph A. CowellChief Operating Officer of Velocity Commercial Capital LLCN/AN/A1980
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Velocity Financial, Inc. operates as a real estate finance company in the United States. It primarily originates and manages investor loans secured by 1–4 unit residential rental and small commercial properties. The company offers its products through a network of independent mortgage brokers. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.

Corporate governance

Velocity Financial, Inc.’s ISS governance QualityScore as of 1 October 2022 is 3. The pillar scores are Audit: 6; Board: 2; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.