
Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency
KBRA's rating affirmations reflect 'generally stable collateral and structure performance, as evidenced by increased credit support for the rated classes and minimal losses since issuance.' The rating upgrades considered each bond's increased credit support compared to KBRA's updated loss expectations and positive performance trends in the underlying loan pool since issuance. Cumulative loss levels in Velocity's outstanding securitizations ranged from 0.00% to 0.58%, with 13 of 26 VCC outstanding securitizations experiencing no losses since issuance.
'The strong and consistent performance of Velocity's securitizations continues to drive positive ratings momentum,' said Jeff Taylor, Executive Vice President of Capital Markets. 'Velocity prioritizes strong alignment with investors by retaining credit risk in our securitizations. Our differentiated performance stems from our underwriting discipline and proprietary loss mitigation strategies that result in consistently minimal cumulative losses as we grow our portfolio.'
About Velocity Financial, Inc.
Based in Westlake Village, California, Velocity is a vertically integrated real estate finance company that primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties. Velocity originates loans nationwide across an extensive network of independent mortgage brokers it has built and refined over 21 years. For additional information, please visit the Company's investor relations website at www.velfinance.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
25 minutes ago
- CTV News
Sky high tensions: Maritime passengers pay close attention to Air Canada contract talks
An Air Canada plane is pictured at Halifax Stanfield International Airport on Aug. 13, 2025. (CTV Atlantic / Jonathan MacInnis) At Halifax Stanfield International Airport, it was business as usual on Wednesday, but that is going to change. With the nation's largest air carrier on the verge of an operations shutdown, passengers flying out Wednesday said they are relieved. 'A bit lucky in a way that I'm getting home before the strike,' says Yordan Karaivanov. 'Very lucky that we're getting out before midnight tonight because I'm back to work tomorrow, I don't know how we would've got home otherwise,' adds Jessica MacDonald. Shortly after CUPE issued their 72-hour strike notice early Wednesday morning, Air Canada announced plans to lock out its 10,000 flight attendants, meaning all planes could be grounded Saturday morning. 'I'm expecting that the operation will pretty much come to a grinding halt on Saturday and we'll maintain our position on the picket line at Halifax International Airport,' says CUPE strike captain Lisa Vivian MacDonald. Air Canada An Air Canada plane is pictured at Halifax Stanfield International Airport on Aug. 13, 2025. (CTV Atlantic / Jonathan MacInnis) The service director says Halifax will be the only airport in the region with an active picket line. 'From what I understand, we will be able to picket outside the departures area,' said MacDonald. Not all planes under the company banner will be affected – Air Canada and Rouge will be on the tarmac while Jazz and PAL flights will continue to operate. 'Jazz will continue to operate Air Canada Express flights as planned in the event of any disruption at Air Canada,' a spokesperson told CTV News. That's bitter sweet news for some smaller Maritime airports. Lori Carle, marketing manager for the Saint John Airport, says there is one daily flight to Montreal and two daily flights to Toronto, the latter routes will not be running if the strike happens. 'We have Jazz Aviation, Air Canada express flights with Jazz that operate the Montreal flights and Rouge flights are coming in for Toronto, so it will be the Toronto flights that will be impacted if there were a full-on strike,' says Carle. Current destinations served by Air Canada/Air Canada Rouge from Halifax include: Halifax – London (Heathrow) Halifax – Montreal Halifax – Vancouver Halifax – Toronto Air Canada Express (operated primarily by PAL): Halifax - St John's, NL Halifax – Ottawa Halifax - Deer Lake Halifax – Gander Halifax – Boston Halifax – Newark Halifax - Goose Bay That full-on strike will severely affect the economy, according to the urban chambers of commerce of New Brunswick. 'The consequences of a prolonged disruption would be severe and far-reaching, affecting small businesses, health care access, academic institutions, and families across our province,' they said a news release. Wages and unpaid work are sticking points. The company has asked CUPE to agree to binding arbitration. The union says they would prefer to come up with a new deal at the bargaining table.


Globe and Mail
25 minutes ago
- Globe and Mail
ADM to Present at 2025 Barclays Annual Global Consumer Staples Conference
ADM (NYSE: ADM) will present at the 2025 Barclays Annual Global Consumer Staples Conference on Wednesday, Sept. 3, in Boston. The company will participate in a fireside chat at 1:30 p.m. Eastern Time. The event will be broadcast live at and a replay will also be available for a limited time on About ADM ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of the industry's broadest portfolios of ingredients and solutions from nature. We're a trailblazer in health and well-being, with an industry-leading range of products for consumers looking for new ways to live healthier lives. We're a cutting-edge innovator, guiding the way to a future of new bio-based consumer and industrial solutions. And we're leading in business-driven sustainability efforts that support a strong agricultural sector, resilient supply chains, and a vast and growing bioeconomy. Around the globe, our expertise and innovation are meeting critical needs from harvest to home. Learn more at


CTV News
25 minutes ago
- CTV News
Ontario government unveils $1B tariff relief program
Ontario launches $1 billion loan program to aid steel, aluminum and auto sectors hit by U.S. tariffs; supports payroll, leases and utilities. Ontario ministers Economic Development and Finance Vic Fedeli and Peter Bethlenfalvy share more details with CP24.