Beeline appoints Miller to lead AI mortgage quality control solution

PROVIDENCE, Rhode Island - Beeline Holdings, Inc. (NASDAQ:BLNE), a mortgage technology company with a market capitalization of $16.84 million, announced Tuesday that Kristin Miller has been appointed to lead BlinkQC, the company’s new AI-powered mortgage quality control solution. According to InvestingPro data, the company maintains impressive gross profit margins of nearly 61%, despite challenging market conditions.

BlinkQC is designed to automate pre-closing audits for conventional mortgage files, a regulatory requirement that affects 10% of all conventional mortgages. The solution runs more than 800 rules to verify mortgage applications, according to the company’s press release. This product launch comes as Beeline’s stock trades at $1.32, with InvestingPro analysis suggesting the company is currently trading above its Fair Value.

The company claims the technology reduces quality control processing times from hours to minutes while lowering costs. Currently, mortgage lenders either outsource these audits at costs between $125 and $175 per file or maintain in-house staff to perform the reviews.

"BlinkQC is faster, it’s cheaper and it’s a highly accurate solution that will save lenders time and money," Miller said in the statement.

The product has been in production at Beeline for approximately 30 days and is being tested by two lenders. The company plans to begin generating revenue from the solution through its SAAS division, Beeline Labs, in August.

Beeline stated it will price the product on a per-seat basis rather than per transaction.

Miller previously worked with Beeline CEO Nick Liuzza at his former company, where she started as a post closer before advancing to manage a state office in California.

The company identified 871 independent mortgage bankers that must comply with mandatory quality control standards as potential customers for the service.

This article is based on a press release statement from Beeline Holdings.

In other recent news, Beeline Holdings, Inc. has raised $6.5 million in new capital through its At-The-Market and equity line of credit programs. The company also reported a reduction in its debt by $5.3 million during the first half of 2025, bringing its total third-party debt down to $2.3 million. Beeline Holdings completed its first fractional equity sale using a stablecoin-based transaction structure, marking the beginning of a series of similar transactions planned for the coming weeks. CEO Nicholas Liuzza, Jr. further invested in the company by purchasing additional equity, including Series G Convertible Preferred Stock and accompanying warrants, totaling $151,000. This investment is part of a larger $4,048,159 investment in Series G stock and warrants. Additionally, Beeline announced the sale of 210,526 shares of common stock valued at $250,000, as part of an agreement filed earlier this year. The company ended the quarter with over $6 million in cash and approximately $40 million in shareholders’ equity as of March 31, 2025. These developments reflect Beeline’s ongoing efforts to strengthen its financial position and explore innovative financing methods.

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