{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001644","form_type":"8-K","ticker":"VEL","cik":"0001692376","company_name":"Velocity Financial, Inc.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.077511+00:00","generated_at":"2026-06-08T22:32:57.877143+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Velocity Financial Q3 net income $12.1M (+21% YoY); diluted EPS $0.35 vs $0.29","bullets":["Core net income $12.9M (+29% YoY); core diluted EPS $0.37 vs $0.29.","Loan production $290.6M UPB, down 36.5% YoY but up 12.3% QoQ.","Total loan portfolio $3.9B UPB, +12.9% YoY; NPLs 10.1% of HFI loans (7.4% YoY).","Portfolio NIM 3.34%, down 25 bps YoY; completed two securitizations totaling $316.3M.","Book value per share $13.00, up from $11.61 a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001644","json":"https://secwatch.observer/filing/0001157523-23-001644.json","markdown":"https://secwatch.observer/filing/0001157523-23-001644.md","text":"https://secwatch.observer/filing/0001157523-23-001644.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692376/000115752323001644/0001157523-23-001644-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692376/000115752323001644/a53738953.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:32:57.877143+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":"1de18d78f9ea93dea2ceca20678a349e7eade143","claim":"Velocity Financial, Inc. reported quarter ended September 30, 2023 results: net income $12.1 million, EPS $0.35.","evidence_excerpt":"Velocity Financial, Inc. Reports Third Quarter 2023 Results Third Quarter Highlights: Net income of $12.1 million, up 21.1% from $10.0 million for 3Q22. Diluted EPS of $0.35, up $0.06 from $0.29 per share for 3Q22","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692376/000115752323001644/0001157523-23-001644-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Net income","value":"$12.1 million"},{"label":"EPS","value":"$0.35"},{"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"}