Velocity Financial — Corporate Update (April 2020)

5 slides from Velocity Financial's corporate update, Apr 6, 2020

Slide 1: Transaction and Operational Update
Transaction and Operational Update April 06, 2020
Slide 2: Forward-looking statements
Forward-looking statements Some of the statements contained in this presentation may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, projections, plans and strategies, anticipated events or trends, and simila
Slide 3: Operational Response to Coronavirus Market Dislocation
Operational Response to Coronavirus Market Dislocation Action Undertaken to Preserve Capital and Minimize Risk for Employees and Stakeholders ▪ Reached an agreement with existing owners, Snow Phipps and TOBI to invest $45 million to purchase new convertible preferred stock and warrants ▪ Entered int
Slide 4: 1Q20 Update
1Q20 Update ▪ Shareholders’ equity of approximately $250 million at March 31, 2020, compared to Members’ equity of approximately $152 million at December 31, 2019 Book Value ▪ Large in-place loan portfolio is expected to continue to generating significant and EPS earnings through the current economi
Slide 5: Investor Relations
Investor Relations: Chris Oltmann coltmann@velocitymortgage.com Phone: (818) 532-3708 www.velfinance.com