PALM BEACH, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry insiders are saying that the mortgage industry is undergoing a transformative shift with the integration of Artificial Intelligence (AI). This cutting-edge technology is revolutionizing various aspects of the mortgage process, from application to regulatory compliance. A recent article by one such insider focused on AI in the Mortgage Industry said: “In the contemporary landscape of the mortgage industry, the infusion of Artificial Intelligence (AI) has ushered in a paradigm shift, influencing various facets of the lending process. Embracing AI in mortgage services has become synonymous with innovation, offering a spectrum of benefits to both lenders and borrowers. AI in mortgage industry manifests through sophisticated algorithms and machine learning models that power automated decision-making processes, commonly known as AI mortgage services. These services streamline and optimize tasks such as underwriting and risk assessment, ensuring faster and more accurate lending decisions. The integration of AI in mortgage lending not only expedites processes but also enhances the overall efficiency of loan origination.” Active Companies in the markets today include: Beeline Holdings, Inc. (NASDAQ: BLNE), Rocket Companies (NYSE: RKT), Redfin Corporation (NASDAQ: RDFN), loanDepot, Inc. (NYSE: LDI), Better Home & Finance Holding Company (NASDAQ: BETR).
Beeline's AI sales agent, Bob 2.0, generates 6X more leads and 8X more applications 24/7 at low cost. It adapts like a human and is expanding its capabilities beyond mortgages. BLNE up 7.84% at $3.30 premarket.
Eastside Distilling, Inc has closed a $5 million private placement, with CEO personally investing $2.9 million. Funding to accelerate growth and expand AI-driven mortgage platform. BLNE stock up 1.92%.
Beeline Labs, a new division of Eastside Distilling, launches BlinkQC, a QC solution for lenders that automates the process in 3 mins, saving time and money.
