{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001527","form_type":"8-K","ticker":"VEL","cik":"0001692376","company_name":"Velocity Financial, Inc.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.729768+00:00","generated_at":"2026-06-22T09:26:37.328258+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Velocity Financial Q3 net income $10.0M ($0.29 EPS), loan production up 34% YoY","bullets":["Net income $10.0M ($0.29 diluted EPS) vs $8.0M ($0.23) in Q3 2021; core net income also $10.0M.","Loan production volume $457.3M UPB (+34.2% YoY); total loan portfolio UPB $3.4B (+51.1% YoY).","Nonaccrual loans improved to 7.4% of HFI loans (from 12.7% YoY); NPL resolutions realized gains of $2.7M.","Portfolio NIM narrowed to 3.59% from 4.97% YoY due to higher debt costs and lower yield.","Completed VCC 2022-4 securitization ($308.4M); liquidity $96M; book value $11.61/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001527","json":"https://secwatch.observer/filing/0001157523-22-001527.json","markdown":"https://secwatch.observer/filing/0001157523-22-001527.md","text":"https://secwatch.observer/filing/0001157523-22-001527.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692376/000115752322001527/0001157523-22-001527-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692376/000115752322001527/a52960483.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T09:26:37.328258+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"313e4a21055176853b8d77b5a8404c27492d4416","claim":"Velocity Financial, Inc. reported the quarter ended September 30, 2022 results: net income $10.0 million, EPS $0.29.","evidence_excerpt":"On November 3, 2022, we issued a press release announcing financial results for the quarter ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692376/000115752322001527/0001157523-22-001527-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Net income","value":"$10.0 million"},{"label":"EPS","value":"$0.29"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}