Velocity Financial is a vertically integrated real estate finance company. Co. primarily originates and manages investor loans secured by one-to-four unit residential rental and commercial properties. Co. originates loans nationwide across its network of independent mortgage brokers. Co.'s primary product is a 30-year amortizing term loan with a three-year fixed-rate period which floats at a spread to the prime rate thereafter subject to a floor equal to the starting fixed rate, and a 30-year fixed-rate amortizing term loan. Co. originates short-term, interest-only loans to be used for acquiring, repositioning or improving the quality of one-to-four unit residential investment properties. The VEL stock yearly return is shown above.
The yearly return on the VEL stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the VEL annual return calculation with any dividends reinvested as applicable (on ex-dates).
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