David Saks

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Education & Training - (retired) - TN LIC# 290452
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 !
RECENT BLOG POSTS
Travel Agent Sentenced in $360,000 Fraud Scheme Stole Money from High School Band U.S. Attorney’s Office March 11, 2015 Western District of Missouri (816) 426-3122 SPRINGFIELD, MO—Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that a travel agent was sent...
03/13/2015
Former Programmer Pleads Guilty to Stealing Software Code from Federal Reserve Bank U.S. Attorney’s Office March 11, 2015 Western District of Missouri (816) 426-3122 KANSAS CITY, MO—Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that a former software pro...
03/12/2015
Former SSA Employee and Others Sentenced in Fraudulent Income Tax Refund Scheme U.S. Attorney’s Office March 11, 2015 Northern District of Georgia (404) 581-6000 ATLANTA— Shawn Brown, Maurice Pollock, Marcus Behling, Jonathan Stubbs, Nyron Nelson, Kelly Lonas, Michael Bennett, Christopher Edward...
03/12/2015
      Mortgage Fraud Blog sends me an update email once per week.   The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com. Rachel Dollar is a California attorney who represents lenders in mortgage related litiga...
03/11/2015
Hudson County Man Admits Role in $13 Million Mortgage Fraud Scheme U.S. Attorney’s Office March 09, 2015 District of New Jersey (973) 645-2888 CAMDEN, NJ—A Hudson County, New Jersey, man today admitted his role in a $13 million mortgage fraud scam that used phony documents and “straw buyers” to ...
03/10/2015
Fayette & Tipton County Market Trends     Fayette County home sales were down 15% from last February with 29 sales recorded compared to 34 recorded last year.   Average sales prices were up 26% to $206,133.   Oakland (38060) recorded the most home sales for the month with 9 total averaging $166,2...
03/09/2015
Mortgage Trends & Lending Analysis     There were 461 residential loans filed at the time of sale in February, up 2% from last year.  The average mortgage amount was up 6% to $168,875 with an average sales price of $193,969 making the average loan to value ratio 87%.   Collierville (38017) had th...
03/09/2015
New Housing & Builder Activity     New home sales were up 20% in February with 59 sales recorded for the month compared to 49 recorded last year.  The average sales price of a new home was $254,857 virtually unchanged from last February   Arlington/Lakeland (13), Collierville (10) and Southeast S...
03/09/2015
Residential Foreclosure Analysis     Residential foreclosures were down 34% in February with 171 recorded compared to 261 recorded last year.    The average amount of a foreclosed property was $77,604 and the average tax appraisal value was $107,099.   February foreclosure activity was down in v...
03/09/2015
Commercial Sales     January 2015 commercial sales were down 27% from last year with 74 recorded for the month compared to 101 recorded in January 2014.   Average sales prices were up 40% to $2.2M compared to $1.6M resulting in total sales revenue being up 2.6% from last January.   Retail (21), M...
03/09/2015
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David Saks

May God Bless You, Always. David
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