Velocity Financial Signs Deal To Acquire Toorak Capital's Operating Capital, Signs Separate Agreements With Third Party Investment Firm To Acquire Toorak's Current Business Purpose Loans Portfolio Totaling ~$3B
Velocity Financial, Inc. (NYSE: VEL; "Velocity" or the "Company") today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC ("Toorak"), a business-purpose
Read original at benzinga