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Velocity Financial Announces Agreement to Sell $133.2 Million in Non-Performing Loans

Dec 16, 20256 months ago

Contract Type

sale_agreement

Financial ServicesReal EstateFinanceLending

Description

On December 16, 2025, Velocity Financial, Inc. announced an agreement to sell $133.2 million in UPB of non-performing loans. This transaction marks a significant step in their asset management strategy. The press release detailing this agreement was issued on the same date.

Company Information

Company

Velocity Financial

About

Velocity is a leader in investor real estate loans, specializing in originating and managing business purpose loans secured by residential and small commercial properties. Founded over 21 years ago, it has built a robust network of independent mortgage brokers nationwide. The company is based in Westlake Village, California.

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