Beeline Implements Additional Cost Reduction Plan Targeting $3 Million in Annualized Savings, Advancing a More Efficient, Technology-Driven Business Model

Additional expense reductions build on earlier cost saving initiatives and accelerate path toward positive cash flow Technology investments and higher-value mortgage products support a more scalable operating model PROVIDENCE, R.I., Oct. 20, 2026 (GLOBE NEWSWIRE) -- via IBN — Beeline Holdings, Inc. (Nasdaq: BLNE) (“Beeline” or the “Company”), a digital mortgage and home equity platform, today announced an additional operating expense reduction plan targeting approximately $250,000 in monthly sav