What is Velocity Financial's servicing rights fair value adjustments?

Velocity Financial (VEL) reported servicing rights fair value adjustments of -$337K in Q1 2026.

How has Velocity Financial's servicing rights fair value adjustments changed year-over-year?

Velocity Financial's servicing rights fair value adjustments increased by 68.8% year-over-year, from -$1.08M to -$337K.

Net income$22.4M+18.4%

EPS (diluted)$0.57+11.8%

Cash & equivalents$87.1M+68.5%

Total debt$3.1M+15.0%

Total equity$693.3M+23.1%

Total assets$7.6B+27.1%

Operating cash flow$12.1M+242%

CapEx$42.0K-47.5%

Free cash flow$12.0M+248%

Market cap$696.78M+2.6%

P/E6.4×-3.3×

Return on equity17.3%+3.5pp

Debt / equity0×0.0×

Reported directly by Velocity Financial in its filing.

Tagged under the XBRL concept vel:ServicingRightsFairValueAdjustments.

The official record: Velocity Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

What is Velocity Financial's servicing rights fair value adjustments?: Velocity Financial (VEL) reported servicing rights fair value adjustments of -$337K in Q1 2026.
How has Velocity Financial's servicing rights fair value adjustments changed year-over-year?: Velocity Financial's servicing rights fair value adjustments increased by 68.8% year-over-year, from -$1.08M to -$337K.