{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-334991","form_type":"8-K","ticker":"VEL","cik":"0001692376","company_name":"Velocity Financial, Inc.","filed_at":"2026-08-05T20:00:17+00:00","discovered_at":"2026-08-05T20:01:02.372787+00:00","generated_at":"2026-08-05T20:01:17.179119+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Velocity Financial Q2 2026 net income $25.2M ($0.64 EPS); core EPS $0.71; loan production $672.6M","bullets":["Pretax income $35.2M (+3.9% YoY); net income $25.2M (-3.2% YoY) due to higher tax rate.","Core net income $27.9M (+1.4% YoY); core diluted EPS $0.71 vs $0.73 in 2Q25.","Diluted book value per share $18.43, up $2.81 from $15.62 a year ago.","Loan production $672.6M (down 7.3% YoY); unit production up 3.3% but average loan balance fell to $399K.","NPL ratio 9.6% (down from 10.3%); liquidity $240M; completed two securitizations totaling $409.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-334991","json":"https://secwatch.observer/filing/0001193125-26-334991.json","markdown":"https://secwatch.observer/filing/0001193125-26-334991.md","text":"https://secwatch.observer/filing/0001193125-26-334991.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692376/000119312526334991/0001193125-26-334991-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692376/000119312526334991/vel-20260805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-05T20:01:17.179119+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"}