LOS ANGELES, CA - July 9, 2026 (NEWMEDIAWIRE) - Beeline Holdings (NASDAQ: BLNE), a fast-growing digital mortgage platform offering a quicker and easier path to homeownership, has completed the acquisition of artificial intelligence company MagicBlocks, bringing the technology that already powers key components of its mortgage platform fully in-house.

• The transaction brings the technology that already powers key components of Beeline mortgage platform fully in-house and is intended to accelerate AI deployment across mortgage origination, title operations, and future digital real estate products.
• Beeline continues to position itself as a technology-focused mortgage platform, serving both traditional homebuyers and real estate investors through digital lending tools.
• Beeline’s AI-powered customer assistant Bob has already demonstrated measurable business results, contributing to an 8% increase in lead-to-lock mortgage conversions when customers engage with the platform.
• The MagicBlocks acquisition gives Beeline greater control over AI development, while MagicBlocks will continue licensing its technology to third-party financial institutions.

The transaction gives Beeline complete ownership of the AI infrastructure behind Bob, the company’s proprietary artificial intelligence assistant, while providing greater control over future development across its mortgage origination and title businesses (https://ibn.fm/yG3Qc). According to Beeline, the…

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Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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