The 22nd Real Estate Commissioner of California, appointed by former Governor Arnold Schwarznegger, Jeff Davi will leave regulation to return to business. The commissioner has been serving current Governor Jerry Brown. Jeff Davi has overseen a term in which the number of real estate license holders in California reached over half a million.
He commented on his departure:
“The decision to leave is bittersweet. We accomplished a great deal over the last seven years beginning with the implementation of Electronic Exams to the successful transition to the Mortgage Loan Originator Endorsement License. Also, for the first time DRE has in place a five year strategic plan that will guide the department into the future. I am also pleased to have orchestrated the transformation of the Department into a regulator that focused on its statutory core functions while also aggressively pursuing mortgage loan fraud through increased enforcement, consumer awareness, and consumer protection. But perhaps my fondest accomplishment, at such a critical time in California, was the launch of DRE’s Financial Literacy Program. Last year we promoted real estate education for adults through the community colleges and now we are actively pursuing a high school program. I am proud of the opportunity I was given to serve the citizens of California and of the hardest working public servants I have ever had the pleasure to meet at the Department of Real Estate.”
Jeff Davi will return to Monterey to spend more time with his family.