VEL

Over the past six months, Velocity Financial's stock decreased by 6.88% over the last 12 months and had a year-to-date return of -15.31% as of August 26, 2026, though it increased by 1.91% in the month prior. In January 2026, the company closed $500 million of 9.375% senior unsecured notes, its first publicly rated unsecured corporate debt issuance. May 2026 saw mixed Q2 2026 results, with GAAP net income and diluted EPS decreasing, and portfolio net interest margin declining. In August 2026, Velocity Financial announced agreements to acquire Toorak Capital's operating platform, projected to significantly increase origination and servicing volume. By September 2026, the stock slid to a fresh 52-week low due to pressure on the mortgage REIT and non-QM lending sector from Federal Reserve rate hikes and a surge in the 10-year Treasury yield.