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Simpson Thacher-Led Mortgage Lender Launches $109M IPO

By Tom Zanki (January 6, 2020, 4:00 PM EST) -- Mortgage lender Velocity Financial LLC on Monday set a price range for a potential $109 million initial public offering, advised by Simpson Thacher Bartlett LLP and underwriters counsel Clifford Chance LLP, joining early January's growing pipeline of IPOs....

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