Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 195

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 195
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 repurchase demand loan at a discount.
It may not be able to meet its repurchase obligations in the future. If we are required to repurchase loans or indemnify loan purchasers,
we may not be able to recover amounts from third parties from whom we could seek indemnification due to financial difficulties or otherwise.
As a result, the Company is exposed to counterparty risk in the event of non-performance by a borrower or other counterparties to various
contracts, including, without limitation, as a result of the rejection of an agreement or transaction in bankruptcy proceedings, which
could result in substantial losses for which it may not have insurance coverage.

Changes in the GSEs’,
the FHA’s or the VA’s requirements could materially and adversely affect the Company’s business.

The Company is required to follow
specific guidelines and eligibility standards that impact the way it originates GSE and U.S. government agency loans, including guidelines
and standards with respect to:

    ●
    credit standards for mortgage loans;
  
    ●
    its default and claims rates on recently produced FHA loans;
  
    ●
    its staffing levels and other servicing practices;
  
    ●
    the servicing and ancillary fees that it may charge;
  
    ●
    its modification standards and procedures;
  
    ●
    the amount of reimbursable and non-reimbursable advances that it may make; and
  
    ●
    the types of loan products that are eligible for sale or securitization.

Changes to GSE and U.S. government
agency rules and guidance can materially and adversely impact the conforming loans that the Company is able to originate and sell and/or
insure, as well as the servicing decisions and actions that t is required to undertake.

In addition, further changes to
GSE, the FHA or VA loan programs, or coverage provided by private mortgage insurers, could also have broad material and adverse market
implications. Any future increases in guarantee fees or changes to their structure or increases in the premiums the Company is required
to pay to the FHA, VA or private mortgage insurers for insurance or for guarantees could increase loan production costs and insurance
premiums for its customers. Additionally, as the Trump Administration continues to pursue reductions in spending by the federal government,
it could take action which adversely affects VA loan programs or other programs or organizations on which certain of our operations depend,
which could have a material adverse effect on us. These industry changes could negatively affect demand for our mortgage product offerings
and consequently for conforming loans