Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks Beeline Holdings, Inc. (NASDAQ: BLNE) Sets Record Loan Volume Following Fed Rate Cut Announcement


(MENAFN- Investor Brand Network) Beeline Holdings (NASDAQ: BLNE), the digital mortgage lender built for next-generation homeowners, locked 21 loans totaling nearly $8 million on Oct. 29, the same day the Federal Reserve announced its second consecutive rate cut, marking record highs for the company's key performance indicators. The Rhode Island-based lender, which declared itself debt-free in September and expects to be cash-flow positive by Q1 2026, credits its AI-driven proprietary platform for its ability to rapidly scale as market conditions improve.

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About Beeline

Beeline Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. We believe everyone's an investor seeking greater financial freedom. That's why we're leveling the playing field with the fastest, simplest loans ever, helping you reach your financial happy place.

NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company's newsroom at

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