Lending

LAS VEGAS -- Countrywide Home Loans has been ordered to pay $1.3 million after it foreclosed upon the wrong condominium.

INGLESIDE, Texas -- For its volunteerism and community support, the Ingleside Chamber of Commerce has named Security Service Federal Credit Union its 2008 large business of the year recipient.

RALEIGH, N.C. -- The State Employees' Credit Union Foundation has pledged $250,000 to assist in the construction of a inpatient hospice facility for Hospice of Wake County.

SALT LAKE CITY -- Faced with a squeeze on credit, some small business owners are turning to their retirement funds as a financing option.

PLYMOUTH, Mich. -- The Michigan Credit Union Foundation has been awarded a grant to make a video on foreclosure prevention. The mini-documentary will tell the story of a real family that faced foreclosure and was helped by a credit union.

WASHINGTON -- The Securities and Exchange Commission has charged five Los Angeles brokers with securities fraud, alleging that from 2005 through 2007, the brokers convinced their customers to refinance their homes with subprime mortgages so that the brokers could sell their clients unsuitable securities.