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» Income Declines in 1Q as Originations Increase at Velocity Financial
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Income Declines in 1Q as Originations Increase at Velocity Financial
May 21, 2021
Brandon Ivey
Business-purpose lender Velocity Financial increased loan production in the first quarter of 2021 but income declined. The firm, which sold fewer loans in the first quarter, issued an MBS in May.
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