Velocity Financial, Inc. (VEL)

10.33 -0.27 (-2.55%) At close: 04:00PM EST

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
Industry: Mortgage Finance
Full-time employees: 215

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christopher D. Farrar	Co-Founder, CEO, Pres & Director	1.38M	N/A	1967
Mr. Mark R. Szczepaniak	Chief Financial Officer	788.85k	N/A	1958
Mr. Jeffrey T. Taylor	Exec. VP of Capital Markets	651.5k	N/A	1969
Ms. Fiona Tam	Chief Accounting Officer	N/A	N/A	1971
Mr. Christopher J. Oltmann	Corp. Treasurer & Director of Investor Relations	N/A	N/A	1966
Mr. Roland Thomas Kelly	Chief Legal Officer, Gen. Counsel & Corp. Sec.	N/A	N/A	1971

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 February 2023 is 4. The pillar scores are Audit: 6; Board: 2; Shareholder rights: 1; Compensation: 9.

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.