Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 12

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 12
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from a consumer or another person in connection with the same transaction, imposes certain loan originator qualification and identification
requirements, and imposes certain loan originator compensation recordkeeping requirements, among other things.

Beeline is also supervised by regulatory agencies
under state law. From time-to-time, Beeline receives examination requests from the states in which Beeline is licensed. State attorneys
general, state mortgage licensing regulators, state insurance departments, and state and local consumer protection offices have authority
to investigate consumer complaints and to commence investigations and other formal and informal proceedings regarding Beeline’s
operations and activities. With the enforcement power of the CFPB at risk under the Trump administration, state regulatory agencies and
state attorneys general may increase their enforcement activities in certain areas. In addition, the government-sponsored enterprises,
or GSEs, the FHA, the FTC, and others subject Beeline to periodic reviews and audits. This broad and extensive supervisory and enforcement
oversight will continue to occur in the future. Beeline maintains dedicated staff on the legal and compliance team to ensure timely responses
to regulatory examination requests and to investigate consumer complaints in accordance with regulatory regulations and expectations.

Federal Lending Laws and Regulations

Numerous U.S. federal regulatory consumer protection
laws impact Beeline’s business, including but not limited to:

    ●
    the Real Estate Settlement Procedures Act (“RESPA”) and Regulation X, which require certain disclosures to be made to the borrower at application, as to the lender’s good faith estimate of loan production costs, and at closing with respect to the actual real estate settlement statement costs (for most loans, such disclosures are in conjunction with those required under the TILA), prohibit kickbacks, referrals, and unearned fees in connection with settlement service business and impose requirements and limitations on affiliates and strategic partners, and certain loan servicing practices including with respect to escrow accounts, requests for information from borrowers, servicing transfers, lender-placed insurance, error resolution and loss mitigation;

10

    ●
    the TILA including HOEPA and Regulation Z, which regulate mortgage loan production and servicing activities, require certain disclosures be made to borrowers throughout the loan process regarding terms of mortgage financing (including those disclosures required under the TRID rule, provide for a three-day right to rescind some transactions, regulate certain higher-priced and high-cost mortgages, require lenders to make a reasonable and good faith determination that consumers have the ability to repay the loan prior to consummation, mandate homeownership counseling for high-cost mortgage applicants, impose restrictions on loan