{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-192891","form_type":"8-K","ticker":"VEL","cik":"0001692376","company_name":"Velocity Financial, Inc.","filed_at":"2024-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.132031+00:00","generated_at":"2026-05-31T13:28:57.903587+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Velocity Financial Q2 net income $14.7M, up 21%; core EPS $0.45; loan production $422M, up 63% YoY","bullets":["Net income $14.7M (diluted EPS $0.42) vs $12.2M ($0.36) in 2Q23, up 21% YoY.","Core net income $15.9M (core diluted EPS $0.45) vs $12.9M ($0.38) in 2Q23, up 23%.","Loan production $422M UPB (+63% YoY); weighted average coupon 11.0%.","Portfolio net interest margin 3.54%, up 30 bps YoY.","Total managed loan portfolio $4.48B UPB (+20% YoY); NPLs 10.5% of HFI loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-192891","json":"https://secwatch.observer/filing/0001193125-24-192891.json","markdown":"https://secwatch.observer/filing/0001193125-24-192891.md","text":"https://secwatch.observer/filing/0001193125-24-192891.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692376/000119312524192891/0001193125-24-192891-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692376/000119312524192891/d858864d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:28:57.903587+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"}