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Pamela Anderson Will Let You Live in Her Malibu Manse

Pamela Anderson has many followers and fanatics thanks to her status as the world's most famous Playmate, and those who want to get a little closer to Anderson can now do so by renting her Malibu pad. However, the opportunity comes with a serious price tag, and Anderson is asking $50,000 per month to dwell in her 2,750-square-foot abode.

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CEO of Cisco Lists Silicon Valley Estate for $14.8M

The CEO of CIsco Systems has listed his luxurious Silicon Valley estate. John Chambers, who also serves as Cisco'S chairman, is selling his 6-acre Los Altos Hills property for $14.8 million. Built in the 90s, the 8,280-square-foot home includes the usual high-end amenities like a swimming pool, jacuzzi, and tennis court.

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Survey Shows FHA, VA Loans Dominate in Communities of Color

A new report reveals that loans insured by the Federal Housing Administration and Department of Veterans Affairs are disproportionately prevalent in neighborhood's of color. The study, which is the sixth edition of the Paying More for the American Dream series, found that government-backed loans comprised nearly 67 percent of home purchase loans in communities of color. Statistics from the report indicate that borrowers of in neighborhoods of color received government-backed loans approximately twice as often as those in predominantly white areas.

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Syncora Settles Lawsuit Against Countrywide for $375M

Another Countrywide lawsuit has been finalized, with the announcement that Syncora Guarantee Inc. has settled its claims with the company and its affiliates. Syncora, a subsidiary of Syncora Holdings Ltd., received $375 million from Countrywide to conclude its litigation against the company. In exchange for the payout, Syncora has agreed to release all claims against Countrywide and Bank of America. An official release about the lawsuit noted that Syncora's filing stemmed from insured second-liens.

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Pennsylvania Regulatory Agency Releases Enforcement Study

The Pennsylvania Department of Banking has released its most recent quarterly data on enforcement actions taken by the organization. Second-quarter findings show that the department grappled with 92 incidences during the period. The report, which was complied by the Pennsylvania Department of Banking's Bureau of Compliance and Licensing, revealed that 90 of the 92 actions from the the group resulted in orders against companies for statutory violations. Survey statistics also demonstrated that 43 of the 90 orders for violations stemmed from mortgage-related issues.

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BluFi Announces New Services, New Branch Office

In California, BluFi Lending is continuing its expansion. The direct home loan lender recently announced the opening of a new branch in Walnut Creek, which represents BluFi's third office in the state. The latest location will be led by manager Mario Vargas, who will head up a team of mortgage bankers, processors, and back office staff to service the company├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós clients in the region.

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Cole Taylor Enters Commercial Equipment Industry

Taylor Capital Group, Inc., is set to capitalize on the nation's construction industry. The company recently announced that its subsidiary Cole Taylor Bank has launched a new equipment financing division for the commercial sector.

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New Survey Reveals Voters Prefer Dodd Frank Act

A new study from Lake Research Partners is revealing the popular perspective on the controversial Dodd Frank Act. The poll, which was commissioned by AARP, the Center for Responsible Lending, Americans for Financial Reform, and the National Council of La Raza, showed that voters are generally in favor of the legislation.

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