David Saks' Blog

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David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2013 

02/10/2013
Some believe that it is. Why have hundreds of thousands of NAR members quit ? Quote: "The NATIONAL ASSOCIATION OF REALTORS® has seen its membership decline 21 percent from its peak of 1.35 million members in 2006 to 1.06 million in 2010. The numbers will likely be down in 2011 as well."Stacey Mo...
02/10/2013
U.S. Department of Housing and Urban Development – Shaun Donovan, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 13-022                                                                                 FOR RELEASE Shantae Goodloe, 202-708-0685                                     ...
02/08/2013
Former L.A. City Building Inspector Agrees to Plead Guilty to Federal Charges of Taking Tens of Thousands of Dollars in Bribe Payments Ex-Inspector Solicited and Received Bribes Primarily from Koreatown Businesses U.S. Attorney’s Office February 07, 2013 Central District of California (213) 894-...
02/08/2013
Top 10 Core Based Statistical Areas with the Highest credit scores San Jose-Sunnyvale-Santa Clara, CA 700 San Francisco-Oakland-Fremont, CA 696 Madison, WI 694 Honolulu, HI 693 Minneapolis-St. Paul-Bloomington, MN-WI 691 Bridgeport-Stamford-Norwalk, CT 690 Boston-Cambridge-Quincy, MA-NH 689 Oxna...
02/07/2013
        Your HUD Listings Now Have a New Home.    Help  a Family, a Friend, Someone, Somewhere Find a Home.   It's Your Most Important Responsibility.   And the Reason Why You Became a Real Estate Agent.    Please Join the ActiveRain HUD Group by Clicking the Equal Housing logo Above.   Or Here h...
02/07/2013
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Don't Do It !    
02/06/2013
Former Mortgage Broker and Bank Officer Charged with Conspiring to Commit Bank Fraud U.S. Attorney’s Office February 06, 2013 District of New Jersey (973) 645-2888   NEWARK—A former mortgage broker and bank officer from Bergen County, New Jersey was arrested this morning for allegedly conspiring...
02/06/2013
RBS Securities Japan Limited Agrees to Plead Guilty in Connection with Long-Running Manipulation of LIBOR Benchmark Interest Rates Second Financial Institution to Plead Guilty to LIBOR Fraud and Pay Substantial Criminal Penalties; RBS Parent Company Also Admits Fault in Deferred Prosecution Agre...
02/06/2013
Local Businessman A. Eddy Zai Sentenced to Seven Years in Prison, Ordered to Forfeit $23 Million for Role in Credit Union Scheme U.S. Attorney’s Office February 05, 2013 Northern District of Ohio (216) 622-3600   Local businessman A. Eddy Zai was sentenced to more than seven years in prison and ...
02/05/2013
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David Saks

Broker / Industry Analyst
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Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher.
Nothing will be published that has not been verified via the public record or consent provided.
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