Beeline Holdings Completes Acquisition of MagicBlocks, Accelerating AI Integration Across Mortgage and Title Operations

About this update from Beeline Holdings, Inc.

Acquisition brings core AI infrastructure fully in-house, strengthening Beeline's ability to automate and scale across its product suite PROVIDENCE, R.I., July 01, 2026 (GLOBE NEWSWIRE) -- via IBN -- Beeline Holdings, Inc. (NASDAQ: BLNE) ("Beeline" or the "Company"), a technology-driven mortgage and title platform, today announced the completion of its acquisition of MagicBlocks, the artificial intelligence company whose technology powers Bob, Beeline's proprietary AI agent, and underpins key automation capabilities across the Company's mortgage origination and title operations. The acquisition gives Beeline full ownership and control of the AI technology already embedded across its platform. With MagicBlocks' capabilities fully integrated, the Company expects to accelerate deployment of AI-driven automation across the mortgage origination and title workflow, reduce production costs, and improve the speed and consistency of the borrower experience. MagicBlocks' technology is the foundation for Beeline's chatbot, Bob. This AI chatbot drives an 8% increase in lead-to-lock conversions when he is engaged with customers on the website, through SMS, or in the point-of-sale journey. Following the integration of the acquisition, the MagicBlocks technology will be further integrated throughout Beeline's mortgage origination and title operations to automate key workflows, support internal teams with AI-driven decision making, and create a more scalable operating platform. "MagicBlocks' technology is already working inside our platform — it powers Bob, and the results are measurable," said Nick Liuzza, co-founder and Chief Executive Officer of Beeline. "Full ownership gives us the ability to move faster, integrate deeper, and build on what's already working without constraint. Beeline was designed from the start to be a technology-first mortgage company. This acquisition is consistent with that vision and gives us greater control over how we develop and deploy AI across the business going forward." The Company expects the acquisition to accelerate product innovation while supporting future initiatives across mortgage origination, title services, home equity products, and digital real estate transactions. MagicBlocks will continue to license its platform to other mortgage lenders and financial institutions. "We built MagicBlocks to solve real operational problems pri...

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