 WESTLAKE VILLAGE, Calif.--BUSINESS WIRE--Velocity Financial, Inc. NYSE: VEL Velocity or the Company reported net income of 3.5 million for the third quarter of 2020 and diluted earnings per common share of 0.11. Core income1 for the third quarter of 2020 was 3.9 million, excluding severance costs related to workforce reductions. Book value per common share was 10.44, an increase from 10.26 as of June 30, 2020. Velocitys third quarter results highlight the significant progress 