{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-291270","form_type":"8-K","ticker":"VEL","cik":"0001692376","company_name":"Velocity Financial, Inc.","filed_at":"2023-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.077736+00:00","generated_at":"2026-06-07T15:39:00.495258+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Velocity Financial reports Nov originations $117.7M; provides securitization ROE illustration","bullets":["November 2023 loan originations totaled $117.7M of unpaid principal balance.","November securitization (VCC 2023-4) included $229.5M collateralized UPB with $202.9M notes issued.","Company explains no dividend: prefers securitization growth illustrating marginal pre-tax ROE of ~31.7% on hypothetical $100M portfolio.","Hypothetical first-year pre-tax net operating income of $3.5M from $100M securitization."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-291270","json":"https://secwatch.observer/filing/0001193125-23-291270.json","markdown":"https://secwatch.observer/filing/0001193125-23-291270.md","text":"https://secwatch.observer/filing/0001193125-23-291270.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692376/000119312523291270/0001193125-23-291270-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692376/000119312523291270/d777867d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:39:00.495258+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}