Beeline Holdings announced Tuesday that it has signed a nonbinding letter of intent to acquire TYTL Corp., a blockchain-based home equity platform, in an all-stock deal aimed at creating a no-debt alternative to home equity lines of credit (HELOCs) and cash-out refinances.

The proposed transaction would combine Beeline’s AI-driven mortgage origination, non-QM lending, and title and settlement operations with TYTL’s blockchain-enabled residential equity infrastructure, according to the company announcement.

Rhode Island-based Beeline positions the move as a pivot from a traditional mortgage originator to a residential equity and finance platform, similar to home equity investment (HEI) companies. details ⇒

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