EXCLUSIVE: Beeline Expands Into B2B SaaS With BlinkQC, Automating Mortgage Quality Control for Lenders

On Thursday, Beeline Holdings, Inc BLNE launched Beeline Labs, a new division dedicated to generating B2B SaaS revenue.

As its first product, Beeline Labs introduces BlinkQC, an automated mortgage Quality Control (QC) solution designed to save lenders time and money while ensuring compliance with industry standards.

The QC process, mandated by Fannie Mae and Freddie Mac, requires lenders to review 10% of all mortgage files before closing.

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Traditionally, QC is conducted by third-party providers or internal teams using separate systems, costing $150-$200 per file and taking up to two days per review, the company said.

Powered by proprietary AI and leveraging DOC AI, which is more accurate than OCR, BlinkQC automates the entire QC process in just three minutes while delivering 95% data extraction accuracy across even the most complex, multi-page documents, the company said.

Beeline CEO Nick Liuzza said that automating a traditionally cumbersome process helped lenders save time and money while maintaining compliance with stringent industry standards.

BlinkQC is live within Beeline's mortgage operations and will be available to license in March. With three lenders already committed to licensing BlinkQC before its official launch in the first quarter of 2025, market demand is strong.

Last September, Eastside Distilling announced its merger deal with Beeline Financial Holdings, Inc, a privately held mortgage technology company. 

Price Action: BLNE stock closed by 10.3% at $0.7441 on Wednesday.

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