Velocity Financial, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. The company posted net income of $25.2 million and diluted earnings per share of $0.64, compared to $26.0 million and $0.69 in the prior year quarter. Core net income increased 1.4% to $27.9 million with core diluted EPS of $0.71. Loan production decreased 7.3% to $672.6 million, while the total loan portfolio grew 19.2% to approximately $7.0 billion. The company completed two securitizations, VCC 2026-2 and VCC 2026-MC2, generating significant liquidity. Velocity Financial operates in the commercial lending industry, providing business purpose loans primarily for real estate.