Velocity Financial, Inc. · NYSE:VEL
Velocity Financial — Merger or Acquisition (August 2026)
9 slides from Velocity Financial's merger presentation, August 2026
Slide 1: Toorak Capital Transaction Overview
Toorak Capital Transaction Overview August 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act, as amended and Section 21E of the Exchange Act, as amended, including, but not limited to, statements that relate to the anticipated benefits of the tra
Slide 3: Transaction Overview
Transaction Overview Toorak is a business purpose loan origination and asset management platform with omnichannel capabilities and $20.3bn originations since inception (1) Velocity has entered into a definitive agreement to acquire the operating platform of Toorak Capital from funds advised by a
Slide 4: Toorak is a Premier Business-Purpose Loan Sourcing and Asset Management Platform
Toorak is a Premier Business-Purpose Loan Sourcing and Asset Management Platform Toorak Overview Key Statistics (1) Founded in 2016 with capital backing from KKR Instrumental in the growth of the U.S. and U.K. residential $2.9bn $20.3bn <10 bps transitional loan (“RTL”) markets FY 2025 Productio
Slide 5: Transaction Merits
Transaction Merits Significantly Increases the Scale of Velocity’s Origination Platform 1 Meaningfully increases production volume from ~$2.7bn to ~$4.8bn+ (1) Expected to enhance operating leverage from low-cost originator and market positioning Broadens and Diversifies Velocity’s Product Offer
Slide 6: Scales and Diversifies Velocity's Origination Platform
Scales and Diversifies Velocity’s Origination Platform The Transaction Nearly Doubles Production Volume, Diversifies Product Offerings and Expands Origination Channels (1) Combined / Significant Increase in Production $2.7bn $2.1bn $4.8bn Volume 50% 41% 6% 3% 9% 86% 2% 3% 29% 28% 40% 2%1% Diversifie
Slide 7: Adds New Channels of Origination & Proprietary Technology
Adds New Channels of Origination & Proprietary Technology Introduces Direct & Correspondent Origination Channels… …Powered by Proprietary Platform Technology Toorak’s unique omnichannel asset sourcing engine will broaden the borrower Toorak’s proprietary technology and analytics platform is expected
Slide 8: Expands Velocity's Geographic Footprint
Expands Velocity’s Geographic Footprint Further U.S. Diversification… …And Strategic U.K. Expansion Establishing direct origination presence in the U.S. via Merchants, which has grown Like the U.S. housing market, dynamics around aging housing stock and ~2x since being acquired by Toorak in 2022 and
Slide 9: Provides a Capital-Light Platform with Attractive ROE Profile
Provides a Capital-Light Platform with Attractive ROE Profile Diversified Revenue Streams and Capital-Efficient Growth Support Higher Returns Increases fee-based income to complement net interest margin – capital-light economics driven by upfront fees, servicing income, and retained interest-only st
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