{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-320465","form_type":"8-K","ticker":"VEL","cik":"0001692376","company_name":"Velocity Financial, Inc.","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.161673+00:00","generated_at":"2026-05-16T13:04:15.066458+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Velocity Financial sells $133.2M non-performing loans at premium, starts servicing mandate","bullets":["Sold $133.2M UPB of non-performing loans at significant premium to current balance sheet mark.","First-ever Third Party Servicing mandate to manage those loans for the buyer, creating capital-light fee revenue.","Transaction expected to close prior to year-end 2025; releases capital for portfolio growth and enhanced ROE.","Transaction reflects market appreciation for Velocity's origination and asset management capabilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-320465","json":"https://secwatch.observer/filing/0001193125-25-320465.json","markdown":"https://secwatch.observer/filing/0001193125-25-320465.md","text":"https://secwatch.observer/filing/0001193125-25-320465.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692376/000119312525320465/0001193125-25-320465-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692376/000119312525320465/vel-20251216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:04:15.066458+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"}