Beeline reported strong growth in mortgage origination volume in 2024, outperforming industry expectations

From Yahoo Finance: 2025-04-08 08:30:00

Beeline Holdings reported a 29% growth in origination volume in 2024, totaling nearly $200 million, outperforming the industry. The Mortgage Bankers Association noted U.S. mortgage originations reached $1.79 trillion, showing recovery from 2022. Beeline achieved 33.5% revenue growth in 2024 despite industry declines. CEO Liuzza sees favorable growth potential through 2027.

Looking forward, MBA forecasts 30-year mortgage rates to end 2025 at around 5.9%. Beeline is optimistic about accelerated growth prospects in the coming years. Despite entering a turbulent market in 2020, Beeline navigated challenges and continued to expand. CEO Liuzza emphasized the company’s resilience and readiness for growth opportunities.

Beeline shares were down 1.21% in premarket trading at $1.63. The company remains confident in its strategy for future growth and market positioning. CEO Liuzza expressed positivity about the company’s trajectory and readiness to capitalize on market trends. Beeline’s performance reflects resilience and adaptability in the face of industry challenges.



Read more at Yahoo Finance: Beeline Clocks About $200 Million Mortgage Origination Volume In 2024