August 2025

Inside Real Estate puts forth AI-powered home search platform

Inside Real Estate has released HomeSearch AI — a new search and client engagement platform designed to let users input natural language to find listings and help real estate professionals reengage dormant leads. The platform incorporates technology from ListAssist — a company Inside Real Estate acquired earlier this year — along with features from BoomTown […]

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RE/MAX turns to Vic Lombardo to scale Motto Mortgage, wemlo

RE/MAX Holdings has appointed Vic Lombardo as its president of mortgage services. Lombardo will succeed Ward Morrison to oversee mortgage brokerage franchise brand Motto Mortgage and third-party processing solution wemlo, the company announced on Monday. Lombardo brings more than two decades of experience to the role. He most recently served as chief operating officer of

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Caliber Home Loans fined $2.3M for overcharging California borrowers

The California Department of Financial Protection and Innovation (DFPI) confirmed on Monday that it has reached a $2.3 million settlement with former mortgage lender and servicer Caliber Home Loans Inc. California regulators found that in 2016, Caliber overcharged borrowers per diem interest and later identified 4,912 affected loans between 2012 and 2019, totaling $550,316. These

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Greystone’s $103M affordable housing fund to support rental units in six states

New York-based Greystone Real Estate Capital has closed its first affordable housing fund, raising $103 million to finance nearly 1,000 rental units across six states. The fund — called Greystone Affordable Housing Fund I LP — will support a total of 11 developments in Louisiana, Massachusetts, Mississippi, New Jersey, Ohio and Pennsylvania. In total, the

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VA loan homebuyers navigate NAR settlement with ease

As the real estate industry prepared for the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement, one of the biggest questions was how the changes would impact veteran homebuyers wishing to use their loan benefit from the U.S. Department of Veterans Affairs (VA).  The NAR settlement requires

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WFG National Title launches Agent 3.0 with AI, automation focus

WFG National Title Insurance Co. has introduced Agent 3.0, which will offer users expanded options for artificial intelligence (AI) and automation. The program follows rollout of Agent 2.0 earlier this year, which emphasized personalized support and growth tools for title agents. Leaders said Agent 3.0 is designed to create a more interactive partnership between WFG

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HUD’s English-only policy slams the door on the American Dream

“One voice” or no voice at all? As of August 2025, the U.S. Department of Housing and Urban Development (HUD) is officially enforcing an English-only policy across its operations. Under direction from the Trump administration’s executive order that declared English the “official language” of the United States, HUD has begun removing all translated materials from

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Berkshire Hathaway’s Warren Buffett bets big on homebuilders

Businessman and investment icon Warren Buffett is making waves in the housing industry. Documents filed last week with the Securities and Exchange Commission (SEC) revealed that Buffett’s Berkshire Hathaway has made major investments in homebuilders Lennar and D.R. Horton.  According to the filing, during the first half of 2025, Berkshire Hathaway has purchased over 7

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New-home purchase mortgage demand kept growing in July

The Mortgage Bankers Association (MBA)’s Builder Application Survey data for July 2025, released on Monday, shows that mortgage applications for new-home purchases increased 6.8% compared from a year ago. Compared to June 2025, applications increased by 7%. This change does not include any adjustment for typical seasonal patterns. “Purchase activity for new homes strengthened in

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