VEL Nov 2024 20.000 call
- Business Wire
Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency
WESTLAKE VILLAGE, Calif., June 11, 2024--Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leader in business purpose loans, today announced that Kroll Bond Rating Agency ("KBRA") has reviewed the ratings on 19 of the outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC ("VCC") resulting in 271 rating affirmations and three rating upgrades of the underlying tranches. The rating actions occurred in conjunction with completing KBR
- Zacks
LendingTree (TREE) Rides on Growth Efforts Amid Weak Liquidity
LendingTree (TREE) is set to benefit from its strategic efforts to diversify product offerings and planned acquisitions. However, the weak liquidity position remains a concern.
- Zacks
Velocity Financial (VEL) Upgraded to Strong Buy: Here's What You Should Know
Velocity Financial (VEL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
