Company: BLNE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024044
Chunk: 47

Company: Beeline Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 47
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Beeline Title Holdings”), Beeline Mortgage
Holdings, Inc. (“Beeline Mortgage”), Beeline Labs, Inc., and Beeline Loans Pty Ltd. (“Australian Subsidiary”).

Beeline
Title Holdings has four subsidiaries, Beeline Title, LLC (“Beeline Title”), Beeline Texas Title, LLC (“Beeline Texas
Title”), Beeline Settlement Services, LLC (“Beeline Settlement Services”), and Beeline Title Agency, LLC (“Beeline
Title Agency”). Beeline Mortgage Holdings has one subsidiary, Beeline Loans, Inc. (“Beeline Loans”).

The
Company has one majority-owned subsidiary, Nimble Title Holdings, Inc. (“Nimble Title Holdings”). Nimble Title Holdings is
50.1% owned by the Company and 49.9% owned by a former non-controlling shareholder of Beeline Financial.

Nimble
Title Holdings has four subsidiaries, Nimble Title, LLC (“Nimble Title”), Nimble Title Agency, LLC (“Nimble Title Agency”),
Nimble Texas Title, LLC (“Nimble Texas Title”), and Nimble Settlement Services, LLC (“Nimble Settlement Services”).

The
discussion which follows should be read in conjunction with the consolidated financial statements and notes to the consolidated financial
statements contained in this Report.

Our
Business

Beeline Financial is the holding company for Beeline Loans, Beeline Title Holdings and Beeline Labs. Through its subsidiaries, the group
operates a full-service, direct-to-consumer digital mortgage lender specializing in conventional conforming and non-conforming residential
first-lien mortgages, a title provider offering title, escrow, and closing services, and a technology platform licensing a proprietary
software-as-a-service (“SaaS”) product. Additionally, Beeline Loans, through a technology platform that it has built, supports
a fractional equity product in partnership another company, which uses cryptocurrency backed by residential real estate.

Beeline
Financial 

Beeline
Financial’s performance is influenced by several key factors, including fluctuations in interest rates, economic conditions, housing
supply, technological advancements, and its ability to acquire and retain customers. Interest rate changes have a direct impact on mortgage
loan refinancing and overall mortgage loan volume. In a declining interest rate environment, refinancing activity typically increases,
whereas rising interest rates tend to reduce refinancing and home purchase transactions. However, higher rates can also drive demand
for cash-out refinancings and home equity loans. Following a prolonged period of historically low rates,