California Real Estate Fraud Report

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Jeff Davi Leaving as Real Estate Commissioner

Real Estate Commissioner Jeff Davi, who was appointed by former California Governor Arnold Schwarzenegger and served during both the upswing and downfall of California’s real estate market, is leaving his post. Davi will return to Monterey and practice real estate again along with spending more time with his family. Not surprisingly, Jeff Davi’s broker license is in good standing.

Davi, who was in charge when the number of real estate licenses in California swelled to 549,000 also oversaw a record number of prosecutions for real estate fraud and mortgage fraud. This includes 10,000 disciplinary actions that were completed.

Governor Brown has not announced who he will appoint to replace Jeff Davi.

Read the original article in BusinessWire.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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