XML 48 R41.htm IDEA: XBRL DOCUMENT v3.26.1

Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2026

Related Party Transactions [Abstract]

Summary of Related Party Transactions Completed

The following table presents the related party transactions completed during the three months ended March 31, 2026 and 2025:

		Three Months Ended March 31,
		2026				2025
		(In thousands)
Securitized debt issued to related parties (1)		$	6,750			$	—

(1)The 2026-1 Loan Trust included $6.75 million of securitized debt issued to related parties. The 2026-1 Loan Trust was a broadly marketed securitization through the Company’s normal securitization process.

X

- References

No definition available.

+ Details

Name:	us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Summary of related party transactions completed.

+ References

No definition available.

+ Details

Name:	vel_SummaryOfRelatedPartyTransactionsCompleted
Namespace Prefix:	vel_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration